PPP Loan Data — HCS Certified Home Care NY Inc, Brooklyn, NY
HCS Certified Home Care NY Inc is a corporation located at 2003 Coney Island Ave in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $3,565,000.00 in April, 2020.
$ PPP Loan Information
Lender:NEWTEK SMALL BUSINESS FINANCE, INC.
HCS Certified Home Care NY Inc in Brooklyn, NY received a Paycheck Protection Loan of $3.57M through NEWTEK SMALL BUSINESS FINANCE, INC., which was approved in April, 2020.
Based on standard PPP eligibility rules, HCS Certified Home Care NY Inc's total 2019 payroll expenses were approximately $17.11M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $68,448 per employee1.
Business Information - HCS Certified Home Care NY Inc in Brooklyn, NY
2003 Coney Island Ave
Brooklyn, NY 11223
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-11
Similar Companies near Brooklyn
In the Brooklyn area, 20 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 183 employees (compared to this company's 250) and received an average PPP loan of $1,693,216 (compared to this company's $3.57M).
Similar Nearby Businesses Who Received PPP Funding:
Elite Choice LLC
Care Management Inc.
Premium Home Services Cdpap LLC
Advanced Home Care Services Inc.
Arvut Home Care, Inc.
HCS Home Care Of Westchester, Inc
Yevgeniy Smirnov Wellness Ot PC
Hope & Cherish Home Care LLC
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 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 34 employees, 86% lower than HCS Certified Home Care NY Inc's reported 250 employees, and received an average PPP loan of $212,236, 94% lower than this company's loan of $3.57M.
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Footnotes & Information
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