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PPP Loan Data — Bari Home Care, LLC,
Jackson Heights, NY
Bari Home Care, LLC
Entity: Limited Liability Company (LLC)
Industry: Home Health Care Services
Location: Jackson Heights, NY
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Bari Home Care, LLC is a limited liability company (LLC) located at 72-24 Broadway in Jackson Heights, New York that received a Coronavirus-related PPP loan from the SBA of $2,608,930.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
434Loan Approved:
2020-05-01Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONBari Home Care, LLC received a Paycheck Protection Loan of $2.61M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Bari Home Care, LLC's total 2019 payroll expenses were approximately $12.52M in order to qualify for the PPP loan amount received.
Based on their reported 434 jobs retained, this equals an estimated average yearly compensation of $28,855 per employee1.
Business Information - Bari Home Care, LLC in Jackson Heights, NY
72-24 Broadway
Jackson Heights, NY 11372
Business Industry
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-14Similar Companies near Jackson Heights
In the Jackson Heights area, 7 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 84 employees (compared to this company's 434) and received an average PPP loan of $620,329 (compared to this company's $2.61M).
Similar Nearby Businesses Who Received PPP Funding:
Sarah Care USA
Jackson Heights, NY
Dr. Rafael Vargas
Elmhurst, NY
Immigrant Elder Home Care LLC
Jackson Heights, NY
Golden Age Home Care Inc
Jackson Heights, NY
Bengal Home Care Inc
Jackson Heights, NY
Reyes NY LLC
Jackson Heights, NY
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, 92% lower than Bari Home Care, LLC's reported 434 employees, and received an average PPP loan of $212,236, 92% lower than this company's loan of $2.61M.
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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