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PPP Loan Data — Big Bend Hospice Foundation Inc,
Tallahassee, FL
Big Bend Hospice Foundation Inc
Entity: Non-profit Organization
Industry: Home Health Care Services
Location: Tallahassee, FL
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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
Loan Size:
Jobs Retained:
218Loan Approved:
2020-04-10Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST COBig 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
Business Industry
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-05Similar 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:
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Lawrence J Pijut DMD, PA
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Thornberg Associates Inc
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[email protected]
Tallahassee, FL
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.
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.
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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