PPP Loan Data — Care Hawaii, Inc., Honolulu, HI
Care Hawaii, Inc.
Location: Honolulu, HITweet This • Search All PPP Data
Care Hawaii, Inc. is a corporation located at 875 Waimanu St in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $2,843,700.00 in April, 2020.
$ PPP Loan Information
Lender:AMERICAN SAVINGS BANK, FSB
Care Hawaii, Inc. in Honolulu, HI received a Paycheck Protection Loan of $2.84M through AMERICAN SAVINGS BANK, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, Care Hawaii, Inc.'s total 2019 payroll expenses were approximately $13.65M in order to qualify for the PPP loan amount received.
Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $54,818 per employee1.
Business Information - Care Hawaii, Inc. in Honolulu, HI
875 Waimanu St
Honolulu, HI 96813
Offices of Mental Health Practitioners (except Physicians) (NAICS code 621330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: HI-01
Similar Companies near Honolulu
In the Honolulu area, 21 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 249) and received an average PPP loan of $163,473 (compared to this company's $2.84M).
Similar Nearby Businesses Who Received PPP Funding:
Dr Mary Church, LLC
Samaritan Counseling Center Hawaii
Tiffany Anne Yamamoto Psyd LLC
Mental Health Association In Hawai'I
Shari Au PHD LLC
Melissa Villalon Psy D LLC
Hawaii Counseling And Wellness Center LLC
Jeanne R Hogan, PHD, LLC
Industry PPP Comparison Statistics
Nationwide, 19,828 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a total of $847,562,029.00 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 4 employees, 98% lower than Care Hawaii, Inc.'s reported 249 employees, and received an average PPP loan of $42,746, 98% lower than this company's loan of $2.84M.
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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