PPP Loan Data — Hcsc Blood Center, Allentown, PA
Hcsc Blood Center is a corporation located at 2171 28th Street, S.w. in Allentown, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,575,838.00 in April, 2020.
$ PPP Loan Information
Lender:FULTON BANK, NATIONAL ASSOCIATION
Hcsc Blood Center received a Paycheck Protection Loan of $2.58M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hcsc Blood Center's total 2019 payroll expenses were approximately $12.36M in order to qualify for the PPP loan amount received.
Based on their reported 238 jobs retained, this equals an estimated average yearly compensation of $51,950 per employee1.
Business Information - Hcsc Blood Center in Allentown, PA
2171 28th Street, S.w.
Allentown, PA 18103
Blood and Organ Banks (NAICS code 621991)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-07
Industry PPP Comparison Statistics
Nationwide, 627 businesses in the "Blood and Organ Banks" industry received a total of $196,601,905.00 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 25 employees, 89% lower than Hcsc Blood Center's reported 238 employees, and received an average PPP loan of $313,560, 88% lower than this company's loan of $2.58M.
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Footnotes & Information
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