PPP Loan Data — Alliance Hc 11 LLC,
Lakewood, NJ
Alliance Hc 11 LLC
Entity: Limited Liability Company (LLC)
Industry: Nursing Care Facilities (Skilled Nursing Facilities)
Location: Lakewood, NJ

Alliance Hc 11 LLC is a limited liability company (LLC) located at 1382 Lanes Mill Rd in Lakewood, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,200,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
410Loan Approved:
2020-04-27Lender:
THE BANCORP BANKAlliance Hc 11 LLC received a Paycheck Protection Loan of $3.2M through THE BANCORP BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Alliance Hc 11 LLC's total 2019 payroll expenses were approximately $15.36M in order to qualify for the PPP loan amount received.
Based on their reported 410 jobs retained, this equals an estimated average yearly compensation of $37,463 per employee1.
Business Information - Alliance Hc 11 LLC in Lakewood, NJ
1382 Lanes Mill Rd
Lakewood, NJ 8701
Business Industry
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: NON-VETERAN
Congressional District: NJ-04Similar Companies near Lakewood
In the Lakewood area, 32 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 107 employees (compared to this company's 410) and received an average PPP loan of $1,087,793 (compared to this company's $3.2M).
Similar Nearby Businesses Who Received PPP Funding:
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Vita Healthcare Group Limited Liability Company
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Bedrock Hc Wi LLC
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Cinnaminson Nursing LLC
Lakewood, NJ
Symcha Realty Co, LLC
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CCH Healthcare NC, LLC
Lakewood, NJ
Gardenview Opco LLC
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Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, 84% lower than Alliance Hc 11 LLC's reported 410 employees, and received an average PPP loan of $557,944, 83% lower than this company's loan of $3.2M.
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.
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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