PPP Loan Data — Henderson Health Care Services, Inc, Henderson, NE
Henderson Health Care Services, Inc is a corporation located at 1621 Front Street in Henderson, Nebraska that received a Coronavirus-related PPP loan from the SBA of $1,556,250.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Henderson State Bank
Henderson Health Care Services, Inc in Henderson, NE received a Paycheck Protection Loan of $1.56M through Henderson State Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in December, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Henderson Health Care Services, Inc's 2019 payroll expenses are estimated to be at least $7.47M.
Based on their reported 135 jobs retained, this equals an estimated average yearly compensation of $55,333 per employee1
Reported PPP Proceed Usage:
On the PPP application, Henderson Health Care Services, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,476,350
- Utilities: $42,900
- Mortgage Interest: $37,000
Business Information - Henderson Health Care Services, Inc in Henderson, NE
1621 Front Street
Henderson, NE 68371
General Medical and Surgical Hospitals
NAICS code 622110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Henderson
In the Henderson area, 2 businesses in the "General Medical and Surgical Hospitals" industry received a PPP loan. These local businesses reported an average of 129 employees (compared to this company's 135) and received an average PPP loan of $1,725,883 (compared to this company's $1.56M).
Similar Nearby Businesses Who Received PPP Funding:
Thayer County Memorial Hospital
Industry PPP Comparison Statistics
Nationwide, 9,269 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3.57B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 36 employees, 73% lower than Henderson Health Care Services, Inc's reported 135 employees, and received an average PPP loan of $385,289, 75% lower than this company's loan of $1.56M.
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Footnotes & Information
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