PPP Loan Data — Aliah Home Care Inc., East Elmhurst, NY
Aliah Home Care Inc. is a subchapter s corporation located at 96-10 23rd Avenue in East Elmhurst, New York that received a Coronavirus-related PPP loan from the SBA of $2,435,720.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Aliah Home Care Inc. in East Elmhurst, NY received a Paycheck Protection Loan of $2.44M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Aliah Home Care Inc.'s total 2019 payroll expenses were approximately $11.69M in order to qualify for the PPP loan amount received.
Based on their reported 380 jobs retained, this equals an estimated average yearly compensation of $30,767 per employee1.
Business Information - Aliah Home Care Inc. in East Elmhurst, NY
96-10 23rd Avenue
East Elmhurst, NY 11369
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-14
Similar Companies near East Elmhurst
In the East Elmhurst area, 5 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 193 employees (compared to this company's 380) and received an average PPP loan of $2,605,150 (compared to this company's $2.44M).
Similar Nearby Businesses Who Received PPP Funding:
East Elmhurst, NY
Marks Home Care Agency Inc.
Abundance Health Care Management Corp
Support, Evaluation And Intervention Services Lcsw, PC
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, 91% lower than Aliah Home Care Inc.'s reported 380 employees, and received an average PPP loan of $212,236, 91% lower than this company's loan of $2.44M.
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.
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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