PPP Loan Data — Eastern Niagara Hospital, Lockport, NY
Eastern Niagara Hospital is a non-profit organization located at 521 East Avenue in Lockport, New York that received a Coronavirus-related PPP loan from the SBA of $5,853,436.00 in June, 2020.
$ PPP Loan Information
Lender:CORNERSTONE COMMUNITY FCU
Eastern Niagara Hospital received a Paycheck Protection Loan of $5.85M through CORNERSTONE COMMUNITY FCU, which was approved in June, 2020.
Based on standard PPP eligibility rules, Eastern Niagara Hospital's total 2019 payroll expenses were approximately $28.1M in order to qualify for the PPP loan amount received.
Based on their reported 480 jobs retained, this equals an estimated average yearly compensation of $58,534 per employee1.
Business Information - Eastern Niagara Hospital in Lockport, NY
521 East Avenue
Lockport, NY 14094
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-27
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 92% lower than Eastern Niagara Hospital's reported 480 employees, and received an average PPP loan of $491,002, 92% lower than this company's loan of $5.85M.
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Footnotes & Information
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