PPP Loan Data — Fellowship Senior Living, Inc., Basking Ridge, NJ
Fellowship Senior Living, Inc. is a corporation located at 8000 Fellowship Rd in Basking Ridge, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,147,700.00 in April, 2020.
$ PPP Loan Information
Fellowship Senior Living, Inc. in Basking Ridge, NJ received a Paycheck Protection Loan of $4.15M through PEAPACK-GLADSTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fellowship Senior Living, Inc.'s total 2019 payroll expenses were approximately $19.91M in order to qualify for the PPP loan amount received.
Based on their reported 362 jobs retained, this equals an estimated average yearly compensation of $54,997 per employee1.
Business Information - Fellowship Senior Living, Inc. in Basking Ridge, NJ
8000 Fellowship Rd
Basking Ridge, NJ 07920
Assisted Living Facilities for the Elderly (NAICS code 623312)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-07
Industry PPP Comparison Statistics
Nationwide, 6,544 businesses in the "Assisted Living Facilities for the Elderly" industry received a total of $1,444,187,946.00 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 32 employees, 91% lower than Fellowship Senior Living, Inc.'s reported 362 employees, and received an average PPP loan of $220,689, 95% lower than this company's loan of $4.15M.
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Footnotes & Information
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