PPP Loan Data — Western Reserve Area Agency On Aging, Cleveland, OH
Western Reserve Area Agency On Aging is a non-profit organization located at 1700 E 13th St Ste 114 in Cleveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,922,650.00 in August, 2020.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
Western Reserve Area Agency On Aging in Cleveland, OH received a Paycheck Protection Loan of $3.92M through THE HUNTINGTON NATIONAL BANK, which was approved in August, 2020.
Based on standard PPP eligibility rules, Western Reserve Area Agency On Aging's total 2019 payroll expenses were approximately $18.83M in order to qualify for the PPP loan amount received.
Based on their reported 305 jobs retained, this equals an estimated average yearly compensation of $61,734 per employee1.
Business Information - Western Reserve Area Agency On Aging in Cleveland, OH
1700 E 13th St Ste 114
Cleveland, OH 44114
Other Social Advocacy Organizations (NAICS code 813319)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-11
Similar Companies near Cleveland
In the Cleveland area, 10 businesses in the "Other Social Advocacy Organizations" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 305) and received an average PPP loan of $704,417 (compared to this company's $3.92M).
Similar Nearby Businesses Who Received PPP Funding:
Domestic Violence And Child Advocacy Center
Spanish American Committee
The Refugee Response
Hands On Northeast Ohio
United Way Of Greater Cleveland
Ohio City Incorporated
Aids Taskforce Of Greater Cleveland
United Black Fund Of Greater Cleveland, Inc.
Industry PPP Comparison Statistics
Nationwide, 5,930 businesses in the "Other Social Advocacy Organizations" industry received a total of $1,048,421,927.00 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 17 employees, 94% lower than Western Reserve Area Agency On Aging's reported 305 employees, and received an average PPP loan of $176,800, 95% lower than this company's loan of $3.92M.
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Footnotes & Information
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