PPP Loan Data — Better Living Healthcare Services, Inc., Carrollton, TX
Better Living Healthcare Services, Inc. is a subchapter s corporation located at 2625 Old Denton Rd., Suite 452 in Carrollton, Texas that received a Coronavirus-related PPP loan from the SBA of $124,037.00 in April, 2020.
$ PPP Loan Information
Lender:WOORI AMERICA BANK
Better Living Healthcare Services, Inc. received a Paycheck Protection Loan of $124,037 through WOORI AMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Better Living Healthcare Services, Inc.'s total 2019 payroll expenses were approximately $595,378 in order to qualify for the PPP loan amount received.
Based on their reported 58 jobs retained, this equals an estimated average yearly compensation of $10,265 per employee1.
Business Information - Better Living Healthcare Services, Inc. in Carrollton, TX
2625 Old Denton Rd., Suite 452
Carrollton, TX 75007
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Carrollton
In the Carrollton area, 20 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 58) and received an average PPP loan of $405,667 (compared to this company's $124,037).
Similar Nearby Businesses Who Received PPP Funding:
Bright Home Health Care Inc
Good Hope Healthcare Services,LLC
K S Home Health Care Inc
Texas Home Health Provider LLC
Le Celeste Homecare Inc
Compassionate Healthcare Consults Incorp
Texan Hospice Provider LLC DBA Careplus Hospice Services
Solid Care Home Health, Inc
Heart To Heart Hospice Of Texas LTD
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, 41% lower than Better Living Healthcare Services, Inc.'s reported 58 employees, and received an average PPP loan of $212,236, 71% higher than this company's loan of $124,037.
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.
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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