PPP Loan Data — Wayside Youth & Family Support Network, Inc., Framingham, MA
Wayside Youth & Family Support Network, Inc.
Entity: Non-profit Organization
Location: Framingham, MATweet This • Search All PPP Data
Wayside Youth & Family Support Network, Inc. is a non-profit organization located at 1 Frederick Abbott Way in Framingham, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $4,467,985.00 in April, 2020.
$ PPP Loan Information
Lender:MIDDLESEX SAVINGS BANK
Wayside Youth & Family Support Network, Inc. received a Paycheck Protection Loan of $4.47M through MIDDLESEX SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wayside Youth & Family Support Network, Inc.'s total 2019 payroll expenses were approximately $21.45M in order to qualify for the PPP loan amount received.
Based on their reported 478 jobs retained, this equals an estimated average yearly compensation of $44,867 per employee1.
Business Information - Wayside Youth & Family Support Network, Inc. in Framingham, MA
1 Frederick Abbott Way
Framingham, MA 1701
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-05
Industry PPP Comparison Statistics
Nationwide, 2,121 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a total of $773,399,773.00 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 38 employees, 92% lower than Wayside Youth & Family Support Network, Inc.'s reported 478 employees, and received an average PPP loan of $364,639, 92% lower than this company's loan of $4.47M.
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