PPP Loan Data — Big Bend Hospice Foundation Inc, Tallahassee, FL
Big Bend Hospice Foundation Inc is a non-profit organization located at 1723 Mahan Center Blvd in Tallahassee, Florida that received a Coronavirus-related PPP loan from the SBA of $2,726,500.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Big Bend Hospice Foundation Inc received a Paycheck Protection Loan of $2.73M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Big Bend Hospice Foundation Inc's total 2019 payroll expenses were approximately $13.09M in order to qualify for the PPP loan amount received.
Based on their reported 218 jobs retained, this equals an estimated average yearly compensation of $60,033 per employee1.
Business Information - Big Bend Hospice Foundation Inc in Tallahassee, FL
1723 Mahan Center Blvd
Tallahassee, FL 32308
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-05
Similar Companies near Tallahassee
In the Tallahassee area, 12 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 50 employees (compared to this company's 218) and received an average PPP loan of $412,698 (compared to this company's $2.73M).
Similar Nearby Businesses Who Received PPP Funding:
Caring Connections LLC
Capital Home Health Care Corp
Exchange Edi, LLC
Tallahassee Sleep Diagnostics Inc
Interim Healthcare Of Northwest Florida
Lawrence J Pijut DMD, PA
Thornberg Associates Inc
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, 84% lower than Big Bend Hospice Foundation Inc's reported 218 employees, and received an average PPP loan of $212,236, 92% lower than this company's loan of $2.73M.
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Footnotes & Information
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