PPP Loan Data — Bassett Hospital Of Schoharie County, Cobleskill, NY
Bassett Hospital Of Schoharie County is a non-profit organization located at 178 Grandview Drive in Cobleskill, New York that received a Coronavirus-related PPP loan from the SBA of $2,478,700.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Bassett Hospital Of Schoharie County received a Paycheck Protection Loan of $2.48M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bassett Hospital Of Schoharie County's total 2019 payroll expenses were approximately $11.9M in order to qualify for the PPP loan amount received.
Based on their reported 180 jobs retained, this equals an estimated average yearly compensation of $66,099 per employee1.
Business Information - Bassett Hospital Of Schoharie County in Cobleskill, NY
178 Grandview Drive
Cobleskill, NY 12043
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-19
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 78% lower than Bassett Hospital Of Schoharie County's reported 180 employees, and received an average PPP loan of $491,002, 80% lower than this company's loan of $2.48M.
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Footnotes & Information
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