PPP Loan Data — Health Management Of Kansas, Inc, Coffeyville, KS
Health Management Of Kansas, Inc
Entity: Subchapter S Corporation
Location: Coffeyville, KSTweet This • Search All PPP Data
Health Management Of Kansas, Inc is a subchapter s corporation located at 104 W 8th in Coffeyville, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,562,150.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 499 people during the applicable loan loan period.
$ PPP Loan Information
Lender:COMMUNITY STATE BANK
Health Management Of Kansas, Inc received a Paycheck Protection Loan of $2.56M through COMMUNITY STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Health Management Of Kansas, Inc's total 2019 payroll expenses were approximately $12.3M in order to qualify for the PPP loan amount received.
Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $24,646 per employee1.
Business Information - Health Management Of Kansas, Inc in Coffeyville, KS
104 W 8th
Coffeyville, KS 67337
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: KS-02
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, 87% lower than Health Management Of Kansas, Inc's reported 499 employees, and received an average PPP loan of $557,944, 78% lower than this company's loan of $2.56M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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