PPP Loan Data — Hamilton County Hospital District, Hamilton, TX
Hamilton County Hospital District is a non-profit organization located at 400 N Brown St in Hamilton, Texas that received a Coronavirus-related PPP loan from the SBA of $2,627,143.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 343 people during the applicable loan loan period.
$ PPP Loan Information
Hamilton County Hospital District in Hamilton, TX received a Paycheck Protection Loan of $2.63M through BANCORPSOUTH BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hamilton County Hospital District's total 2019 payroll expenses were approximately $12.61M in order to qualify for the PPP loan amount received.
Based on their reported 343 jobs retained, this equals an estimated average yearly compensation of $36,765 per employee1.
Business Information - Hamilton County Hospital District in Hamilton, TX
400 N Brown St
Hamilton, TX 76531
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-25
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, 88% lower than Hamilton County Hospital District's reported 343 employees, and received an average PPP loan of $491,002, 81% lower than this company's loan of $2.63M.
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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