PPP Loan Data — Champion Care, Inc., Laredo, TX
Champion Care, Inc. is a corporation located at 1419 Market St in Laredo, Texas that received a Coronavirus-related PPP loan from the SBA of $2,815,745.00 in May, 2020.
The company has reported itself as a female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Champion Care, Inc. in Laredo, TX received a Paycheck Protection Loan of $2.82M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Champion Care, Inc.'s total 2019 payroll expenses were approximately $13.52M 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 $27,031 per employee1.
Business Information - Champion Care, Inc. in Laredo, TX
1419 Market St
Laredo, TX 78040
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-28
Similar Companies near Laredo
In the Laredo area, 39 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 500) and received an average PPP loan of $313,531 (compared to this company's $2.82M).
Similar Nearby Businesses Who Received PPP Funding:
Laredo Quality Home Health In
Torres Home Health Services, L.C.
Friendly Care Home Health Services, LLC
Laredo Gentle Hands Hospice Care, LLC
Del Alma Home Health LLC
La Luz Primary Home Care LLC
JLG Health Group, LLC
Torres Primary Home Care, Inc.
Serenity Hospice Care LLC
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 34 employees, 93% lower than Champion Care, Inc.'s reported 500 employees, and received an average PPP loan of $212,236, 92% lower than this company's loan of $2.82M.
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