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PPP Loan Data — A-1 Reliable Home Care, Inc.,
Saint Paul, MN
A-1 Reliable Home Care, Inc.
Entity: Corporation
Industry: Home Health Care Services
Location: Saint Paul, MN
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A-1 Reliable Home Care, Inc. is a corporation located at 2353 Rice Street Ste 107 in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $253,900.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
56Loan Approved:
2020-04-11Lender:
MIDWESTONE BANKA-1 Reliable Home Care, Inc. received a Paycheck Protection Loan of $253,900 through MIDWESTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, A-1 Reliable Home Care, Inc.'s total 2019 payroll expenses were approximately $1.22M in order to qualify for the PPP loan amount received.
Based on their reported 56 jobs retained, this equals an estimated average yearly compensation of $21,763 per employee1.
Business Information - A-1 Reliable Home Care, Inc. in Saint Paul, MN
2353 Rice Street Ste 107
Saint Paul, MN 55113
Business Industry
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MN-04Similar Companies near Saint Paul
In the Saint Paul area, 28 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 56) and received an average PPP loan of $249,763 (compared to this company's $253,900).
Similar Nearby Businesses Who Received PPP Funding:
Legend Health Care Resources LLC
Saint Paul, MN
Quality Home Care LLC
Saint Paul, MN
Home Healthcare Agency
Roseville, MN
Care Planners Home Health Care, LLC
Saint Paul, MN
Vision Home Health Care, Inc
Roseville, MN
Personal Pro Care Inc
Saint Paul, MN
Humane Home Care Services Inc
Saint Paul, MN
Globalstar Home Health Care, Inc.
Saint Paul, MN
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 34 employees, 39% lower than A-1 Reliable Home Care, Inc.'s reported 56 employees, and received an average PPP loan of $212,236, 16% lower than this company's loan of $253,900.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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