PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — East Coast Orthotic & Prosthet, Deer Park, NY

SBA PPP loan data, payroll data, and salaries for East Coast Orthotic & Prosthet
NY

East Coast Orthotic & Prosthet

Entity: Corporation

Industry: Surgical Appliance and Supplies Manufacturing

Location: Deer Park, NY

Search All PPP Data

East Coast Orthotic & Prosthet is a corporation located at 75 Burt Dr in Deer Park, New York that received a Coronavirus-related PPP loan from the SBA of $2,653,700.00 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:

$2.65M

Jobs Retained:

226

Loan Approved:

2020-04-28

Lender:

EMPIRE STATE BANK

East Coast Orthotic & Prosthet received a Paycheck Protection Loan of $2.65M through EMPIRE STATE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, East Coast Orthotic & Prosthet's total 2019 payroll expenses were approximately $12.74M 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 $56,362 per employee1.

Because the loan received by East Coast Orthotic & Prosthet 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 - East Coast Orthotic & Prosthet in Deer Park, NY

East Coast Orthotic & Prosthet
75 Burt Dr
Deer Park, NY 11729

Business Industry

Surgical Appliance and Supplies Manufacturing (NAICS code 339113)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: NY-02

Similar Companies near Deer Park

In the Deer Park area, 4 businesses in the "Surgical Appliance and Supplies Manufacturing" industry received a PPP loan. These local businesses reported an average of 59 employees (compared to this company's 226) and received an average PPP loan of $693,672 (compared to this company's $2.65M).

Industry PPP Comparison Statistics

Nationwide, 1,818 businesses in the "Surgical Appliance and Supplies Manufacturing" industry received a total of $300,003,901.00 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 12 employees, 95% lower than East Coast Orthotic & Prosthet's reported 226 employees, and received an average PPP loan of $165,019, 94% lower than this company's loan of $2.65M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/east-coast-orthotic-and-prosthet-deer-park-ny