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PPP Loan Data — Eihab Human Services Inc, Jamaica, NY

SBA PPP loan data, payroll data, and salaries for Eihab Human Services Inc
NY Nonprofit Organization

Eihab Human Services Inc

Entity: Non-profit Organization

Industry: Other Individual and Family Services

Location: Jamaica, NY

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Eihab Human Services Inc is a non-profit organization located at 168-18 South Conduit Avenue in Jamaica, New York that received a Coronavirus-related PPP loan from the SBA of $3,305,462.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.31M

Jobs Retained:

420

Loan Approved:

2020-04-13

Lender:

TD BANK, NATIONAL ASSOCIATION

Eihab Human Services Inc in Jamaica, NY received a Paycheck Protection Loan of $3.31M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Eihab Human Services Inc's total 2019 payroll expenses were approximately $15.87M in order to qualify for the PPP loan amount received.

Based on their reported 420 jobs retained, this equals an estimated average yearly compensation of $37,777 per employee1.

Because the loan received by Eihab Human Services Inc 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 - Eihab Human Services Inc in Jamaica, NY

Eihab Human Services Inc
168-18 South Conduit Avenue
Jamaica, NY 11434

Business Industry

Other Individual and Family Services (NAICS code 624190)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-05

Similar Companies near Jamaica

In the Jamaica area, 4 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 107 employees (compared to this company's 420) and received an average PPP loan of $864,722 (compared to this company's $3.31M).

Industry PPP Comparison Statistics

Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 96% lower than Eihab Human Services Inc's reported 420 employees, and received an average PPP loan of $145,761, 96% lower than this company's loan of $3.31M.

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.

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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/eihab-human-services-inc-jamaica-ny