PPP Loan Data — Community Hospice, Inc., Modesto, CA
Community Hospice, Inc. is a non-profit organization located at 4368 Spryes Way in Modesto, California that received a Coronavirus-related PPP loan from the SBA of $2,661,800.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF STOCKTON
Community Hospice, Inc. received a Paycheck Protection Loan of $2.66M through BANK OF STOCKTON, which was approved in April, 2020.
Based on standard PPP eligibility rules, Community Hospice, Inc.'s total 2019 payroll expenses were approximately $12.78M in order to qualify for the PPP loan amount received.
Based on their reported 157 jobs retained, this equals an estimated average yearly compensation of $81,380 per employee1.
Business Information - Community Hospice, Inc. in Modesto, CA
4368 Spryes Way
Modesto, CA 95356
Used Merchandise Stores (NAICS code 453310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-10
Similar Companies near Modesto
In the Modesto area, 2 businesses in the "Used Merchandise Stores" industry received a PPP loan. These local businesses reported an average of 79 employees (compared to this company's 157) and received an average PPP loan of $1,332,657 (compared to this company's $2.66M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 6,294 businesses in the "Used Merchandise Stores" industry received a total of $339,583,064.00 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 9 employees, 94% lower than Community Hospice, Inc.'s reported 157 employees, and received an average PPP loan of $53,953, 98% lower than this company's loan of $2.66M.
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Footnotes & Information
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