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PPP Loan Data — Arizona Best Hospice, LLC, Yuma, AZ

SBA PPP loan data, payroll data, and salaries for Arizona Best Hospice, LLC
AZ

Arizona Best Hospice, LLC

Entity: Limited Liability Company (LLC)

Industry: Nursing Care Facilities (Skilled Nursing Facilities)

Location: Yuma, AZ

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Arizona Best Hospice, LLC is a limited liability company (LLC) located at 1824 S. 8th Avenue in Yuma, Arizona that received a Coronavirus-related PPP loan from the SBA of $195,600.00 in June, 2020.

$ PPP Loan Information

Loan Size:

$195,600

Jobs Retained:

16

Loan Approved:

2020-06-30

Lender:

1ST BANK YUMA

Arizona Best Hospice, LLC received a Paycheck Protection Loan of $195,600 through 1ST BANK YUMA, which was approved in June, 2020.

Based on standard PPP eligibility rules, Arizona Best Hospice, LLC's total 2019 payroll expenses were approximately $938,880 in order to qualify for the PPP loan amount received.

Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $58,680 per employee1.

Business Information - Arizona Best Hospice, LLC in Yuma, AZ

Arizona Best Hospice, LLC
1824 S. 8th Avenue
Yuma, AZ 85364

Business Industry

Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-03

Similar Companies near Yuma

In the Yuma area, 4 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 79 employees (compared to this company's 16) and received an average PPP loan of $926,100 (compared to this company's $195,600).

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, 313% higher than Arizona Best Hospice, LLC's reported 16 employees, and received an average PPP loan of $557,944, 185% higher than this company's loan of $195,600.

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. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/arizona-best-hospice-llc-yuma-az