PPP Loan Data — Geri-Care V LLC, Lancaster, CA
Geri-Care V LLC
Entity: Limited Liability Company (LLC)
Location: Lancaster, CATweet This • Search All PPP Data
Geri-Care V LLC is a limited liability company (LLC) located at 44445 N. 15th Street West in Lancaster, California that received a Coronavirus-related PPP loan from the SBA of $2,435,342.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
Geri-Care V LLC in Lancaster, CA received a Paycheck Protection Loan of $2.44M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Geri-Care V LLC's total 2019 payroll expenses were approximately $11.69M in order to qualify for the PPP loan amount received.
Unlike most businesses, Geri-Care V LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Geri-Care V LLC in Lancaster, CA
44445 N. 15th Street West
Lancaster, CA 93534
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-23
Similar Companies near Lancaster
In the Lancaster area, 6 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 0) and received an average PPP loan of $478,359 (compared to this company's $2.44M).
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Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, and received an average PPP loan of $557,944, 77% lower than this company's loan of $2.44M.
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