PPP Loan Data — Waltham Committee, Inc DBA Wci, Waltham, MA
Waltham Committee, Inc DBA Wci
Entity: Non-profit Organization
Location: Waltham, MATweet This • Search All PPP Data
Waltham Committee, Inc DBA Wci is a non-profit organization located at 135 Beaver Street in Waltham, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,571,400.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Waltham Committee, Inc DBA Wci in Waltham, MA received a Paycheck Protection Loan of $2.57M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Waltham Committee, Inc DBA Wci's total 2019 payroll expenses were approximately $12.34M in order to qualify for the PPP loan amount received.
Unlike most businesses, Waltham Committee, Inc DBA Wci's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Waltham Committee, Inc DBA Wci in Waltham, MA
135 Beaver Street
Waltham, MA 02452
Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-05
Industry PPP Comparison Statistics
Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 61 employees, and received an average PPP loan of $471,460, 82% lower than this company's loan of $2.57M.
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Footnotes & Information
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