PPP Loan Data — Allone Health Resources Inc, Wilkes Barre, PA
Allone Health Resources Inc is a corporation located at 100 North Pennsylvania Avenue in Wilkes Barre, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,431,460.00 in April, 2020.
$ PPP Loan Information
Allone Health Resources Inc in Wilkes Barre, PA received a Paycheck Protection Loan of $2.43M through FNCB BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Allone Health Resources Inc's total 2019 payroll expenses were approximately $11.67M in order to qualify for the PPP loan amount received.
Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $74,814 per employee1.
Business Information - Allone Health Resources Inc in Wilkes Barre, PA
100 North Pennsylvania Avenue
Wilkes Barre, PA 18701
Other Management Consulting Services (NAICS code 541618)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-08
Similar Companies near Wilkes Barre
In the Wilkes Barre area, 3 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 156) and received an average PPP loan of $862,153 (compared to this company's $2.43M).
Similar Nearby Businesses Who Received PPP Funding:
Jewelcor Management & Consulting Inc.
Wilkes Barre, PA
Yogkala Management Inc
Wilkes Barre, PA
Industry PPP Comparison Statistics
Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 97% lower than Allone Health Resources Inc's reported 156 employees, and received an average PPP loan of $57,615, 98% lower than this company's loan of $2.43M.
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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