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PPP Loan Data — Diversified Care Management LLC, Cranberry Township, PA

SBA PPP loan data, payroll data, and salaries for Diversified Care Management LLC
PA

Diversified Care Management LLC

Entity: Limited Liability Company (LLC)

Industry: Human Resources Consulting Services

Location: Cranberry Township, PA

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Diversified Care Management LLC is a limited liability company (LLC) located at 9515 Goehring Road in Cranberry Township, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,638,311.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 226 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.64M

Jobs Retained:

226

Loan Approved:

2020-04-09

Lender:

THE HUNTINGTON NATIONAL BANK

Diversified Care Management LLC received a Paycheck Protection Loan of $2.64M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Diversified Care Management LLC's total 2019 payroll expenses were approximately $12.66M in order to qualify for the PPP loan amount received.

Based on their reported 226 jobs retained, this equals an estimated average yearly compensation of $56,035 per employee1.

Because the loan received by Diversified Care Management LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Diversified Care Management LLC in Cranberry Township, PA

Diversified Care Management LLC
9515 Goehring Road
Cranberry Township, PA 16066

Business Industry

Human Resources Consulting Services (NAICS code 541612)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: PA-16

Similar Companies near Cranberry Township

In the Cranberry Township area, 3 businesses in the "Human Resources Consulting Services" industry received a PPP loan. These local businesses reported an average of 157 employees (compared to this company's 226) and received an average PPP loan of $1,900,391 (compared to this company's $2.64M).

Industry PPP Comparison Statistics

Nationwide, 4,762 businesses in the "Human Resources Consulting Services" industry received a total of $618,531,209.00 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 11 employees, 95% lower than Diversified Care Management LLC's reported 226 employees, and received an average PPP loan of $129,889, 95% lower than this company's loan of $2.64M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/diversified-care-management-llc-cranberry-township-pa