PPP Loan Data — Americare Certified Special Services Inc, Brooklyn, NY
Americare Certified Special Services Inc is a subchapter s corporation located at 5923 Strickland Ave in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,925,000.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Americare Certified Special Services Inc in Brooklyn, NY received a Paycheck Protection Loan of $2.93M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Americare Certified Special Services Inc's total 2019 payroll expenses were approximately $14.04M in order to qualify for the PPP loan amount received.
Unlike most businesses, Americare Certified Special Services Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Americare Certified Special Services Inc in Brooklyn, NY
5923 Strickland Ave
Brooklyn, NY 11234
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NY-08
Similar Companies near Brooklyn
In the Brooklyn area, 47 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 110 employees (compared to this company's 0) and received an average PPP loan of $1,409,689 (compared to this company's $2.93M).
Similar Nearby Businesses Who Received PPP Funding:
Smile Homecare Agency Inc.
Geriatric Resource Consultants Co LLC
Bright Start PT And PTa, PLLC
NY Homeside Rehab PT Ot Slp, PLLC
The Doral Investors Group, LLC
Brighton Beach Spa Inc
Elite Care LLC
RJG Consultants, Inc
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, and received an average PPP loan of $212,236, 93% lower than this company's loan of $2.93M.
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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