PPP Loan Data — Hamaspik Of Kings County, Brooklyn, NY
Hamaspik Of Kings County
Entity: Non-profit Organization
Location: Brooklyn, NYTweet This • Search All PPP Data
Hamaspik Of Kings County is a non-profit organization located at 4102 14th Avenue 2nd Floor in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $3,421,655.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Hamaspik Of Kings County in Brooklyn, NY received a Paycheck Protection Loan of $3.42M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hamaspik Of Kings County's total 2019 payroll expenses were approximately $16.42M in order to qualify for the PPP loan amount received.
Based on their reported 458 jobs retained, this equals an estimated average yearly compensation of $35,860 per employee1.
Business Information - Hamaspik Of Kings County in Brooklyn, NY
4102 14th Avenue 2nd Floor
Brooklyn, NY 11219
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-10
Similar Companies near Brooklyn
In the Brooklyn area, 12 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 59 employees (compared to this company's 458) and received an average PPP loan of $463,557 (compared to this company's $3.42M).
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Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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, 93% lower than Hamaspik Of Kings County's reported 458 employees, and received an average PPP loan of $217,933, 94% lower than this company's loan of $3.42M.
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