PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Central Valley Specialty Hospital, Inc., Modesto, CA

SBA PPP loan data, payroll data, and salaries for Central Valley Specialty Hospital, Inc.
CA

Central Valley Specialty Hospital, Inc.

Entity: Corporation

Industry: Specialty (except Psychiatric and Substance Abuse) Hospitals

Location: Modesto, CA

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

Loan Size:

$5.07M

Jobs Retained:

439

Loan Approved:

2020-04-28

Lender:

FREMONT BANK

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.

Because the loan received by Central Valley Specialty Hospital, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Central Valley Specialty Hospital, Inc. in Modesto, CA

Central Valley Specialty Hospital, Inc.
730 17th Street
Modesto, CA 95354

Business Industry

Specialty (except Psychiatric and Substance Abuse) Hospitals (NAICS code 622310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/central-valley-specialty-hospital-inc-modesto-ca