PPP Loan Data — Westminster Village North Inc, Indianapolis, IN
Westminster Village North Inc is a non-profit organization located at 11050 Presbyterian Drive in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,756,137.00 in April, 2020.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
Westminster Village North Inc received a Paycheck Protection Loan of $2.76M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Westminster Village North Inc's total 2019 payroll expenses were approximately $13.23M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $49,180 per employee1.
Business Information - Westminster Village North Inc in Indianapolis, IN
11050 Presbyterian Drive
Indianapolis, IN 46236
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-05
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 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 69 employees, 74% lower than Westminster Village North Inc's reported 269 employees, and received an average PPP loan of $576,319, 79% lower than this company's loan of $2.76M.
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Footnotes & Information
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