PPP Loan Data — Franklin Parish Hospital Service District#1, Winnsboro, LA
Franklin Parish Hospital Service District#1 is a professional association located at 2106 Loop Road in Winnsboro, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,550,005.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 295 people during the applicable loan loan period.
$ PPP Loan Information
Lender:WINNSBORO STATE BANK & TRUST CO.
Franklin Parish Hospital Service District#1 in Winnsboro, LA received a Paycheck Protection Loan of $2.55M through WINNSBORO STATE BANK & TRUST CO., which was approved in April, 2020.
Based on standard PPP eligibility rules, Franklin Parish Hospital Service District#1's total 2019 payroll expenses were approximately $12.24M in order to qualify for the PPP loan amount received.
Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $41,492 per employee1.
Business Information - Franklin Parish Hospital Service District#1 in Winnsboro, LA
2106 Loop Road
Winnsboro, LA 71295
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: LA-05
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, 86% lower than Franklin Parish Hospital Service District#1's reported 295 employees, and received an average PPP loan of $491,002, 81% lower than this company's loan of $2.55M.
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Footnotes & Information
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