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PPP Loan Data — Century Rehabilitation Of Texas LLC, Baton Rouge, LA

SBA PPP loan data, payroll data, and salaries for Century Rehabilitation Of Texas LLC
LA

Century Rehabilitation Of Texas LLC

Entity: Limited Liability Company (LLC)

Industry: Offices of Physical, Occupational and Speech Therapists, and Audiologists

Location: Baton Rouge, LA

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Century Rehabilitation Of Texas LLC is a limited liability company (LLC) located at 4703 Bluebonnet Blvd in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $6,572,052.00 in May, 2020.

The company has reported itself as a male owned business, and employed at least 483 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$6.57M

Jobs Retained:

483

Loan Approved:

2020-05-01

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Century Rehabilitation Of Texas LLC received a Paycheck Protection Loan of $6.57M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Century Rehabilitation Of Texas LLC's total 2019 payroll expenses were approximately $31.55M in order to qualify for the PPP loan amount received.

Based on their reported 483 jobs retained, this equals an estimated average yearly compensation of $65,312 per employee1.

Because the loan received by Century Rehabilitation Of Texas LLC 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 - Century Rehabilitation Of Texas LLC in Baton Rouge, LA

Century Rehabilitation Of Texas LLC
4703 Bluebonnet Blvd
Baton Rouge, LA 70809

Business Industry

Offices of Physical, Occupational and Speech Therapists, and Audiologists (NAICS code 621340)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: LA-06

Similar Companies near Baton Rouge

In the Baton Rouge area, 20 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 483) and received an average PPP loan of $481,687 (compared to this company's $6.57M).

Industry PPP Comparison Statistics

Nationwide, 21,136 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $1,682,147,868.00 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 8 employees, 98% lower than Century Rehabilitation Of Texas LLC's reported 483 employees, and received an average PPP loan of $79,587, 99% lower than this company's loan of $6.57M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/century-rehabilitation-of-texas-llc-baton-rouge-la