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PPP Loan Data — Adjuvant Health LLC, Melville, NY

SBA PPP loan data, payroll data, and salaries for Adjuvant Health LLC
NY

Adjuvant Health LLC

Entity: Limited Liability Company (LLC)

Industry: Offices of All Other Miscellaneous Health Practitioners

Location: Melville, NY

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Adjuvant Health LLC is a limited liability company (LLC) located at 3 Huntington Quad in Melville, New York that received a Coronavirus-related PPP loan from the SBA of $3,576,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.58M

Jobs Retained:

400

Loan Approved:

2020-04-16

Lender:

CITIBANK, N.A.

Adjuvant Health LLC in Melville, NY received a Paycheck Protection Loan of $3.58M through CITIBANK, N.A., which was approved in April, 2020.

Based on standard PPP eligibility rules, Adjuvant Health LLC's total 2019 payroll expenses were approximately $17.17M in order to qualify for the PPP loan amount received.

Based on their reported 400 jobs retained, this equals an estimated average yearly compensation of $42,913 per employee1.

Because the loan received by Adjuvant Health LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Adjuvant Health LLC in Melville, NY

Adjuvant Health LLC
3 Huntington Quad
Melville, NY 11747

Business Industry

Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-03

Similar Companies near Melville

In the Melville area, 22 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 400) and received an average PPP loan of $254,831 (compared to this company's $3.58M).

Industry PPP Comparison Statistics

Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 99% lower than Adjuvant Health LLC's reported 400 employees, and received an average PPP loan of $52,032, 99% lower than this company's loan of $3.58M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/adjuvant-health-llc-melville-ny