PPP Loan Data — White's Residential And Family Services, Inc., Wabash, IN
White's Residential And Family Services, Inc. is a non-profit organization located at 5233 S 50 E in Wabash, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,740,773.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST FARMERS BANK & TRUST CO.
White's Residential And Family Services, Inc. received a Paycheck Protection Loan of $2.74M through FIRST FARMERS BANK & TRUST CO., which was approved in April, 2020.
Based on standard PPP eligibility rules, White's Residential And Family Services, Inc.'s total 2019 payroll expenses were approximately $13.16M in order to qualify for the PPP loan amount received.
Based on their reported 264 jobs retained, this equals an estimated average yearly compensation of $49,832 per employee1.
Business Information - White's Residential And Family Services, Inc. in Wabash, IN
5233 S 50 E
Wabash, IN 46992
Child and Youth Services (NAICS code 624110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-02
Industry PPP Comparison Statistics
Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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 24 employees, 91% lower than White's Residential And Family Services, Inc.'s reported 264 employees, and received an average PPP loan of $191,600, 93% lower than this company's loan of $2.74M.
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Footnotes & Information
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