PPP Loan Data — Youth Opportunity Center, Inc., Muncie, IN
Youth Opportunity Center, Inc.
Location: Muncie, INTweet This • Search All PPP Data
Youth Opportunity Center, Inc. is a corporation located at 3700 W Kilgore Ave in Muncie, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,571,900.00 in April, 2020.
$ PPP Loan Information
Lender:OLD NATIONAL BANK
Youth Opportunity Center, Inc. in Muncie, IN received a Paycheck Protection Loan of $3.57M through OLD NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Youth Opportunity Center, Inc.'s total 2019 payroll expenses were approximately $17.15M in order to qualify for the PPP loan amount received.
Based on their reported 463 jobs retained, this equals an estimated average yearly compensation of $37,030 per employee1.
Business Information - Youth Opportunity Center, Inc. in Muncie, IN
3700 W Kilgore Ave
Muncie, IN 47304
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-06
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 Youth Opportunity Center, Inc.'s reported 463 employees, and received an average PPP loan of $364,639, 90% lower than this company's loan of $3.57M.
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