PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — All Care Hospice, Glendale, CA

ALERT: There are 2 PPP loans for a total of $441,250 in our database for businesses with the name "All Care Hospice" in Glendale, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for All Care Hospice
CA

All Care Hospice

Entity: Corporation

Industry: Home Health Care Services

Location: Glendale, CA

Search All PPP Data

All Care Hospice is a corporation located at 100 W Broadway Ste 810 in Glendale, California that received a Coronavirus-related PPP loan from the SBA of $220,625.00 in February, 2021.

The company has reported itself as an Asian female owned business, and employed at least 24 people during the applicable loan loan period.

$ PPP Loan Information
Loan #6878898408

Loan Size:

$220,625

Jobs Retained:

24

Loan Approved:

2021-02-11

Loan Status:

Ongoing Loan

Lender:

Bank of America, National Association

All Care Hospice in Glendale, CA received a Paycheck Protection Loan of $220,625 through Bank of America, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, All Care Hospice's 2019 payroll expenses are estimated to be at least $1.06M.

Based on their reported 24 jobs retained, this equals an estimated average yearly compensation of $44,125 per employee1

Reported PPP Proceed Usage:

On the PPP application, All Care Hospice reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $220,623
  • Utilities: $1

Business Information - All Care Hospice in Glendale, CA

All Care Hospice
100 W Broadway Ste 810
Glendale, CA 91210

Business Industry:
Home Health Care Services
NAICS code 621610

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-28

Similar Companies near Glendale

In the Glendale area, 6 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 24) and received an average PPP loan of $276,793 (compared to this company's $220,625).

Industry PPP Comparison Statistics

Nationwide, 91,996 businesses in the "Home Health Care Services" industry received a total of $7.67B 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 15 employees, 38% lower than All Care Hospice's reported 24 employees, and received an average PPP loan of $83,373, 62% lower than this company's loan of $220,625.

SBA PPP loan data, payroll data, and salaries for All Care Hospice
CA

All Care Hospice

Entity: Corporation

Industry: All Other Miscellaneous Ambulatory Health Care Services

Location: Glendale, CA

Search All PPP Data

All Care Hospice is a corporation located at 100 W Broadway Ste 810 in Glendale, California that received a Coronavirus-related PPP loan from the SBA of $220,625.00 in April, 2020.

The company has reported itself as an Asian female owned business, and employed at least twenty people during the applicable loan loan period.

$ PPP Loan Information
Loan #2431527205

Loan Size:

$220,625

Jobs Retained:

20

Loan Approved:

2020-04-16

Loan Status:

Paid in Full or Forgiven

Lender:

Bank of America, National Association

All Care Hospice in Glendale, CA received a Paycheck Protection Loan of $220,625 through Bank of America, National Association, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, All Care Hospice's 2019 payroll expenses are estimated to be at least $1.06M.

Based on their reported 20 jobs retained, this equals an estimated average yearly compensation of $52,950 per employee1

Reported PPP Proceed Usage:

On the PPP application, All Care Hospice reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $220,625

Business Information - All Care Hospice in Glendale, CA

All Care Hospice
100 W Broadway Ste 810
Glendale, CA 91210

Business Industry:
All Other Miscellaneous Ambulatory Health Care Services
NAICS code 621999

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age:

LMI Zone: Y

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-28

Similar Companies near Glendale

In the Glendale area, 2 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 85 employees (compared to this company's 20) and received an average PPP loan of $879,028 (compared to this company's $220,625).

Similar Nearby Businesses Who Received PPP Funding:

Comcare Home Health Inc
Glendale, CA

$1.54M PPP Loan

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, 40% lower than All Care Hospice's reported 20 employees, and received an average PPP loan of $88,620, 60% lower than this company's loan of $220,625.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/all-care-hospice-glendale-ca