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PPP Loan Data — Community Hospice, Inc.,
Modesto, CA
Community Hospice, Inc.
Entity: Non-profit Organization
Industry: Used Merchandise Stores
Location: Modesto, CA
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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
Loan Size:
Jobs Retained:
157Loan Approved:
2020-04-14Lender:
BANK OF STOCKTONCommunity 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
Business Industry
Used Merchandise Stores (NAICS code 453310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-10Similar 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:
Angela Castro
Modesto, CA
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.
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.
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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