PPP Loan Data — Helping Hands Homecare, LTD, Tyler, TX
Helping Hands Homecare, LTD is a corporation located at 9846 State Highway 31 in Tyler, Texas that received a Coronavirus-related PPP loan from the SBA of $2,516,900.00 in April, 2020.
$ PPP Loan Information
Lender:HIAWATHA NATIONAL BANK
Helping Hands Homecare, LTD received a Paycheck Protection Loan of $2.52M through HIAWATHA NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Helping Hands Homecare, LTD's total 2019 payroll expenses were approximately $12.08M in order to qualify for the PPP loan amount received.
Based on their reported 484 jobs retained, this equals an estimated average yearly compensation of $24,961 per employee1.
Business Information - Helping Hands Homecare, LTD in Tyler, TX
9846 State Highway 31
Tyler, TX 75705
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-01
Similar Companies near Tyler
In the Tyler area, 4 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 302 employees (compared to this company's 484) and received an average PPP loan of $1,944,675 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
Bienville Holdings, LTD
Northeast Texas Home Health Agency, LTD
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 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 34 employees, 93% lower than Helping Hands Homecare, LTD's reported 484 employees, and received an average PPP loan of $212,236, 92% lower than this company's loan of $2.52M.
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Footnotes & Information
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