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PPP Loan Data — Hampton Nh Operating, LLC, Westhampton, NY

SBA PPP loan data, payroll data, and salaries for Hampton Nh Operating, LLC
NY

Hampton Nh Operating, LLC

Entity: Limited Liability Company (LLC)

Industry: Nursing Care Facilities (Skilled Nursing Facilities)

Location: Westhampton, NY

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Hampton Nh Operating, LLC is a limited liability company (LLC) located at 78 Old Country Road in Westhampton, New York that received a Coronavirus-related PPP loan from the SBA of $3,108,500.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 263 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.11M

Jobs Retained:

263

Loan Approved:

2020-04-14

Lender:

BANK LEUMI USA

Hampton Nh Operating, LLC in Westhampton, NY received a Paycheck Protection Loan of $3.11M through BANK LEUMI USA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Hampton Nh Operating, LLC's total 2019 payroll expenses were approximately $14.92M in order to qualify for the PPP loan amount received.

Based on their reported 263 jobs retained, this equals an estimated average yearly compensation of $56,733 per employee1.

Because the loan received by Hampton Nh Operating, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Hampton Nh Operating, LLC in Westhampton, NY

Hampton Nh Operating, LLC
78 Old Country Road
Westhampton, NY 11977

Business Industry

Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: NY-01

Similar Companies near Westhampton

In the Westhampton area, 2 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 176 employees (compared to this company's 263) and received an average PPP loan of $2,178,050 (compared to this company's $3.11M).

Similar Nearby Businesses Who Received PPP Funding:

East End Hospice Inc.
Westhampton Beach, NY

$1.25M PPP Loan

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, 75% lower than Hampton Nh Operating, LLC's reported 263 employees, and received an average PPP loan of $557,944, 82% lower than this company's loan of $3.11M.

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.

Search FederalPay's Full PPP Loan Database

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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Source: www.federalpay.org/paycheck-protection-program/hampton-nh-operating-llc-westhampton-ny