PPP Loan Data — Bellevue Healthcare II Inc, Bellevue, WA
Bellevue Healthcare II Inc is a corporation located at 1427 130th Ave Ne in Bellevue, Washington that received a Coronavirus-related PPP loan from the SBA of $3,125,000.00 in April, 2020.
The company has reported itself as a White male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:COASTAL COMMUNITY BANK
Bellevue Healthcare II Inc in Bellevue, WA received a Paycheck Protection Loan of $3.13M through COASTAL COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bellevue Healthcare II Inc's total 2019 payroll expenses were approximately $15M in order to qualify for the PPP loan amount received.
Unlike most businesses, Bellevue Healthcare II 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 - Bellevue Healthcare II Inc in Bellevue, WA
1427 130th Ave Ne
Bellevue, WA 98005
All Other Outpatient Care Centers (NAICS code 621498)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WA-09
Similar Companies near Bellevue
In the Bellevue area, 6 businesses in the "All Other Outpatient Care Centers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $565,176 (compared to this company's $3.13M).
Similar Nearby Businesses Who Received PPP Funding:
Seattle Spine Group, PLLC
Southwest-Portland Medical Clinic Inc
Ideal Northwest LLC
Mindful Alternatives, LLC
Industry PPP Comparison Statistics
Nationwide, 5,588 businesses in the "All Other Outpatient Care Centers" industry received a total of $1,142,796,792.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 17 employees, and received an average PPP loan of $204,509, 93% lower than this company's loan of $3.13M.
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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