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PPP Loan Data — Healthsouce Of Ohio, Inc.,
Loveland, OH
Healthsouce Of Ohio, Inc.
Entity: Non-profit Organization
Industry: All Other Outpatient Care Centers
Location: Loveland, OH
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Healthsouce Of Ohio, Inc. is a non-profit organization located at 424 Wards Corner Rd Suite 200 in Loveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,050,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
291Loan Approved:
2020-04-14Lender:
FIFTH THIRD BANKHealthsouce Of Ohio, Inc. received a Paycheck Protection Loan of $4.05M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Healthsouce Of Ohio, Inc.'s total 2019 payroll expenses were approximately $19.44M in order to qualify for the PPP loan amount received.
Based on their reported 291 jobs retained, this equals an estimated average yearly compensation of $66,807 per employee1.
Business Information - Healthsouce Of Ohio, Inc. in Loveland, OH
424 Wards Corner Rd Suite 200
Loveland, OH 45140
Business Industry
All Other Outpatient Care Centers (NAICS code 621498)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-02Similar Companies near Loveland
In the Loveland area, 2 businesses in the "All Other Outpatient Care Centers" industry received a PPP loan. These local businesses reported an average of 155 employees (compared to this company's 291) and received an average PPP loan of $2,135,650 (compared to this company's $4.05M).
Similar Nearby Businesses Who Received PPP Funding:
Centerprise, LLC
Loveland, OH
Industry PPP Comparison Statistics
Nationwide, 5,588 businesses in the "All Other Outpatient Care Centers" industry received a total of $1,142,796,792.00 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 17 employees, 94% lower than Healthsouce Of Ohio, Inc.'s reported 291 employees, and received an average PPP loan of $204,509, 95% lower than this company's loan of $4.05M.
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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