PPP Loan Data — Healthcare Resource Group, Inc., Spokane Valley, WA
Healthcare Resource Group, Inc. is an employee stock ownership plan (esop) located at 12610 E Mirabeau Pkwy in Spokane Valley, Washington that received a Coronavirus-related PPP loan from the SBA of $4,947,168.00 in April, 2020.
The company has reported itself as a White female owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:COLUMBIA STATE BANK
Healthcare Resource Group, Inc. in Spokane Valley, WA received a Paycheck Protection Loan of $4.95M through COLUMBIA STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Healthcare Resource Group, Inc.'s total 2019 payroll expenses were approximately $23.75M in order to qualify for the PPP loan amount received.
Unlike most businesses, Healthcare Resource Group, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Healthcare Resource Group, Inc. in Spokane Valley, WA
12610 E Mirabeau Pkwy
Spokane Valley, WA 99216
Other Accounting Services (NAICS code 541219)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: VETERANCongressional District: WA-05
Similar Companies near Spokane Valley
In the Spokane Valley area, 5 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $997,642 (compared to this company's $4.95M).
Similar Nearby Businesses Who Received PPP Funding:
Northwest Billing, Inc.
Spokane Vly, WA
Spokane Elite Bookkeeping Inc
Pilc Accounting Services
Mitch Johnson & Associates CPAS
Spokane Valley, WA
Industry PPP Comparison Statistics
Nationwide, 31,743 businesses in the "Other Accounting Services" industry received a total of $1,370,914,494.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, and received an average PPP loan of $43,188, 99% lower than this company's loan of $4.95M.
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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