NY

Easy Touch Home Care, Inc

Entity: Corporation

Industry: Home Health Care Services

Location: Brooklyn, NY

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Easy Touch Home Care, Inc is a corporation located at 1755 E 13th St Apt D3 in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $235,971.00 in May, 2020.

$ PPP Loan Information

Easy Touch Home Care, Inc received a Paycheck Protection Loan of $235,971 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Easy Touch Home Care, Inc's total 2019 payroll expenses were approximately $1.13M in order to qualify for the PPP loan amount received.

Based on their reported 120 jobs retained, this equals an estimated average yearly compensation of $9,439 per employee¹.

Business Information - Easy Touch Home Care, Inc in Brooklyn, NY

Similar Companies near Brooklyn

In the Brooklyn area, 15 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 195 employees (compared to this company's 120) and received an average PPP loan of $1,071,469 (compared to this company's $235,971).

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, 72% lower than Easy Touch Home Care, Inc's reported 120 employees, and received an average PPP loan of $212,236, 10% lower than this company's loan of $235,971.