PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Belski Community Pharmacy Inc, Mount Carmel, PA

ALERT: There are 2 PPP loans for a total of $94,666 in our database for businesses with the name "Belski Community Pharmacy Inc" in Mount Carmel, PA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Belski Community Pharmacy Inc
PA

Belski Community Pharmacy Inc

Entity: Corporation

Industry: Pharmacies and Drug Stores

Location: Mount Carmel, PA

Search All PPP Data

Belski Community Pharmacy Inc is a corporation located at 49 S Oak St N/a in Mount Carmel, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $47,762.00 in March, 2021.

$ PPP Loan Information
Loan #6020428602

Loan Size:

$47,762

Jobs Retained:

6

Loan Approved:

2021-03-20

Loan Status:

Ongoing Loan

Lender:

Customers Bank

Belski Community Pharmacy Inc in Mount Carmel, PA received a Paycheck Protection Loan of $47,762 through Customers Bank, which was approved in March, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Belski Community Pharmacy Inc's 2019 payroll expenses are estimated to be at least $229,258.

Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $38,210 per employee1

Reported PPP Proceed Usage:

On the PPP application, Belski Community Pharmacy Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $47,761

Business Information - Belski Community Pharmacy Inc in Mount Carmel, PA

Belski Community Pharmacy Inc
49 S Oak St N/a
Mount Carmel, PA 17851

Business Industry:
Pharmacies and Drug Stores
NAICS code 446110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Rural

Northumberland County, PA — SBA Office 0303 — Congressional District: PA-09

Industry PPP Comparison Statistics

Nationwide, 18,035 businesses in the "Pharmacies and Drug Stores" industry received a total of $1.7B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 12 employees, 100% higher than Belski Community Pharmacy Inc's reported 6 employees, and received an average PPP loan of $94,214, 97% higher than this company's loan of $47,762.

SBA PPP loan data, payroll data, and salaries for Belski Community Pharmacy, Inc
PA

Belski Community Pharmacy, Inc

Entity: Corporation

Industry: Pharmacies and Drug Stores

Location: Mount Carmel, PA

Search All PPP Data

Belski Community Pharmacy, Inc is a corporation located at 49 South Oak Street in Mount Carmel, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $46,904.00 in May, 2020.

$ PPP Loan Information
Loan #5202297404

Loan Size:

$46,904

Jobs Retained:

7

Loan Approved:

2020-05-11

Loan Status:

Ongoing Loan

Lender:

Cross River Bank

Belski Community Pharmacy, Inc in Mount Carmel, PA received a Paycheck Protection Loan of $46,904 through Cross River Bank, which was approved in May, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Belski Community Pharmacy, Inc's 2019 payroll expenses are estimated to be at least $225,139.

Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $32,163 per employee1

Reported PPP Proceed Usage:

On the PPP application, Belski Community Pharmacy, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $46,904

Business Information - Belski Community Pharmacy, Inc in Mount Carmel, PA

Belski Community Pharmacy, Inc
49 South Oak Street
Mount Carmel, PA 17851

Business Industry:
Pharmacies and Drug Stores
NAICS code 446110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Rural

Northumberland County, PA — SBA Office 0303 — Congressional District: PA-09

Industry PPP Comparison Statistics

Nationwide, 18,035 businesses in the "Pharmacies and Drug Stores" industry received a total of $1.7B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 12 employees, 71% higher than Belski Community Pharmacy, Inc's reported 7 employees, and received an average PPP loan of $94,214, 101% higher than this company's loan of $46,904.

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. Estimations for informational purposes only. 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/belski-community-pharmacy-inc-mount-carmel-pa