PPP Loan Data — Chenango Memorial Hospital, Inc., Norwich, NY
Chenango Memorial Hospital, Inc.
Entity: Non-profit Organization
Location: Norwich, NYTweet This • Search All PPP Data
Chenango Memorial Hospital, Inc. is a non-profit organization located at 179 Broad St in Norwich, New York that received a Coronavirus-related PPP loan from the SBA of $5,506,900.00 in April, 2020.
$ PPP Loan Information
Lender:NBT BANK, NATIONAL ASSOCIATION
Chenango Memorial Hospital, Inc. received a Paycheck Protection Loan of $5.51M through NBT BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Chenango Memorial Hospital, Inc.'s total 2019 payroll expenses were approximately $26.43M in order to qualify for the PPP loan amount received.
Based on their reported 358 jobs retained, this equals an estimated average yearly compensation of $73,836 per employee1.
Business Information - Chenango Memorial Hospital, Inc. in Norwich, NY
179 Broad St
Norwich, NY 13815
Specialty (except Psychiatric and Substance Abuse) Hospitals (NAICS code 622310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-22
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, 93% lower than Chenango Memorial Hospital, Inc.'s reported 358 employees, and received an average PPP loan of $316,667, 94% lower than this company's loan of $5.51M.
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Footnotes & Information
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