PPP Loan Data — Bilinguals, Inc DBA Achieve Beyond, Melville, NY
Bilinguals, Inc DBA Achieve Beyond
Entity: Subchapter S Corporation
Location: Melville, NYTweet This • Search All PPP Data
Bilinguals, Inc DBA Achieve Beyond is a subchapter s corporation located at 225 Broadhollow Road Suite 402 in Melville, New York that received a Coronavirus-related PPP loan from the SBA of $7,060,587.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Bilinguals, Inc DBA Achieve Beyond in Melville, NY received a Paycheck Protection Loan of $7.06M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bilinguals, Inc DBA Achieve Beyond's total 2019 payroll expenses were approximately $33.89M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $67,782 per employee1.
Business Information - Bilinguals, Inc DBA Achieve Beyond in Melville, NY
225 Broadhollow Road Suite 402
Melville, NY 11747
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-03
Similar Companies near Melville
In the Melville area, 6 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 194 employees (compared to this company's 500) and received an average PPP loan of $1,957,621 (compared to this company's $7.06M).
Similar Nearby Businesses Who Received PPP Funding:
Achieve Beyond Licensed Behavior Analyst Services, PC
Achieve Beyond, Inc.
Axiom Link, Inc
Global Healthcare Services, Inc
Always Compassionate Home Care, Inc.
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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 32 employees, 94% lower than Bilinguals, Inc DBA Achieve Beyond's reported 500 employees, and received an average PPP loan of $217,933, 97% lower than this company's loan of $7.06M.
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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