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PPP Loan Data — Delmarva Community Services Inc,
Cambridge, MD
Delmarva Community Services Inc
Entity: Non-profit Organization
Industry: Home Health Care Services
Location: Cambridge, MD
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Delmarva Community Services Inc is a non-profit organization located at 2450 Cambridge Beltway in Cambridge, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,883,900.00 in June, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
337Loan Approved:
2020-06-23Lender:
THE ENTERPRISE CENTER CAPITAL CORPORATIONDelmarva Community Services Inc in Cambridge, MD received a Paycheck Protection Loan of $3.88M through THE ENTERPRISE CENTER CAPITAL CORPORATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, Delmarva Community Services Inc's total 2019 payroll expenses were approximately $18.64M in order to qualify for the PPP loan amount received.
Based on their reported 337 jobs retained, this equals an estimated average yearly compensation of $55,320 per employee1.
Business Information - Delmarva Community Services Inc in Cambridge, MD
2450 Cambridge Beltway
Cambridge, MD 21613
Business Industry
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MD-01Similar Companies near Cambridge
In the Cambridge area, 2 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 191 employees (compared to this company's 337) and received an average PPP loan of $1,952,488 (compared to this company's $3.88M).
Similar Nearby Businesses Who Received PPP Funding:
Ram In The Bush Home Care Inc
Cambridge, MD
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, 90% lower than Delmarva Community Services Inc's reported 337 employees, and received an average PPP loan of $212,236, 95% lower than this company's loan of $3.88M.
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, 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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