PPP Loan Data — Whittier Street Health Center Committee, Inc, Roxbury, MA
Whittier Street Health Center Committee, Inc
Location: Roxbury, MATweet This • Search All PPP Data
Whittier Street Health Center Committee, Inc is a corporation located at 1290 Tremont Street in Roxbury, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $1,965,400.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Citizens Bank, National Association
Whittier Street Health Center Committee, Inc in Roxbury, MA received a Paycheck Protection Loan of $1.97M through Citizens Bank, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Whittier Street Health Center Committee, Inc's 2019 payroll expenses are estimated to be at least $9.43M.
Based on their reported 248 jobs retained, this equals an estimated average yearly compensation of $38,040 per employee1
Reported PPP Proceed Usage:
On the PPP application, Whittier Street Health Center Committee, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,965,400
Business Information - Whittier Street Health Center Committee, Inc in Roxbury, MA
1290 Tremont Street
Roxbury, MA 2120
All Other Miscellaneous Ambulatory Health Care Services
NAICS code 621999
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Roxbury
In the Roxbury area, 4 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 248) and received an average PPP loan of $504,763 (compared to this company's $1.97M).
Similar Nearby Businesses Who Received PPP Funding:
Griffin & Associates In Medicine, PC
Whittier Health Pharmacy, Inc
African Community Health Initiatives
Industry PPP Comparison Statistics
Nationwide, 18,626 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1.65B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 95% lower than Whittier Street Health Center Committee, Inc's reported 248 employees, and received an average PPP loan of $88,620, 95% lower than this company's loan of $1.97M.
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Footnotes & Information
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