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PPP Loan Data — Eqhealth Solutions, LLC,
Baton Rouge, LA
Eqhealth Solutions, LLC
Entity: Limited Liability Company (LLC)
Industry: Other Management Consulting Services
Location: Baton Rouge, LA
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Eqhealth Solutions, LLC is a limited liability company (LLC) located at 8440 Jefferson Hwy Ste 101 in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $5,793,243.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
356Loan Approved:
2020-05-01Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONEqhealth Solutions, LLC in Baton Rouge, LA received a Paycheck Protection Loan of $5.79M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Eqhealth Solutions, LLC's total 2019 payroll expenses were approximately $27.81M in order to qualify for the PPP loan amount received.
Based on their reported 356 jobs retained, this equals an estimated average yearly compensation of $78,111 per employee1.
Business Information - Eqhealth Solutions, LLC in Baton Rouge, LA
8440 Jefferson Hwy Ste 101
Baton Rouge, LA 70809
Business Industry
Other Management Consulting Services (NAICS code 541618)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: LA-06Similar Companies near Baton Rouge
In the Baton Rouge area, 28 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 356) and received an average PPP loan of $271,640 (compared to this company's $5.79M).
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Industry PPP Comparison Statistics
Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 99% lower than Eqhealth Solutions, LLC's reported 356 employees, and received an average PPP loan of $57,615, 99% lower than this company's loan of $5.79M.
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.
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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