PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Healthsouce Of Ohio, Inc., Loveland, OH

SBA PPP loan data, payroll data, and salaries for Healthsouce Of Ohio, Inc.
OH Nonprofit Organization

Healthsouce Of Ohio, Inc.

Entity: Non-profit Organization

Industry: All Other Outpatient Care Centers

Location: Loveland, OH

Search All PPP Data

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:

$4.05M

Jobs Retained:

291

Loan Approved:

2020-04-14

Lender:

FIFTH THIRD BANK

Healthsouce 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.

Because the loan received by Healthsouce Of Ohio, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Healthsouce Of Ohio, Inc. in Loveland, OH

Healthsouce Of Ohio, Inc.
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-02

Similar 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

$221,100 PPP Loan

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/healthsouce-of-ohio-inc-loveland-oh