PPP Loan Data — Attentive Care Of Albany, Inc., Albany, NY
Attentive Care Of Albany, Inc. is a corporation located at 5 Computer Drive West in Albany, New York that received a Coronavirus-related PPP loan from the SBA of $2,771,835.00 in May, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Attentive Care Of Albany, Inc. in Albany, NY received a Paycheck Protection Loan of $2.77M through KEYBANK NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Attentive Care Of Albany, Inc.'s total 2019 payroll expenses were approximately $13.3M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $26,610 per employee1.
Business Information - Attentive Care Of Albany, Inc. in Albany, NY
5 Computer Drive West
Albany, NY 12205
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-20
Similar Companies near Albany
In the Albany area, 7 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 212 employees (compared to this company's 500) and received an average PPP loan of $1,047,765 (compared to this company's $2.77M).
Similar Nearby Businesses Who Received PPP Funding:
Mikram Jafri And Company
The Alternative Living Group, Inc.
Visiting Nurse Association Of Albany, Inc.
Consumer Directed Choices, Inc
ENS Health Care Management LLC
Visiting Nurse Association Of Albany Home Care Corp.
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, 93% lower than Attentive Care Of Albany, Inc.'s reported 500 employees, and received an average PPP loan of $212,236, 92% lower than this company's loan of $2.77M.
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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