PPP Loan Data — Central Valley Specialty Hospital, Inc., Modesto, CA
Central Valley Specialty Hospital, Inc.
Location: Modesto, CATweet This • Search All PPP Data
Central Valley Specialty Hospital, Inc. is a corporation located at 730 17th Street in Modesto, California that received a Coronavirus-related PPP loan from the SBA of $5,069,700.00 in April, 2020.
$ PPP Loan Information
Central Valley Specialty Hospital, Inc. in Modesto, CA received a Paycheck Protection Loan of $5.07M through FREMONT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Central Valley Specialty Hospital, Inc.'s total 2019 payroll expenses were approximately $24.33M in order to qualify for the PPP loan amount received.
Based on their reported 439 jobs retained, this equals an estimated average yearly compensation of $55,432 per employee1.
Business Information - Central Valley Specialty Hospital, Inc. in Modesto, CA
730 17th Street
Modesto, CA 95354
Specialty (except Psychiatric and Substance Abuse) Hospitals (NAICS code 622310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-10
Similar Companies near Modesto
In the Modesto area, 3 businesses in the "Specialty (except Psychiatric and Substance Abuse) Hospitals" industry received a PPP loan. These local businesses reported an average of 203 employees (compared to this company's 439) and received an average PPP loan of $2,210,767 (compared to this company's $5.07M).
Similar Nearby Businesses Who Received PPP Funding:
Progressive Specialty Therapy Services, Inc.
American Advanced Management
Industry PPP Comparison Statistics
Nationwide, 1,042 businesses in the "Specialty (except Psychiatric and Substance Abuse) Hospitals" industry received a total of $329,966,547.00 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 26 employees, 94% lower than Central Valley Specialty Hospital, Inc.'s reported 439 employees, and received an average PPP loan of $316,667, 94% lower than this company's loan of $5.07M.
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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