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PPP Loan Data — Hillandale Communities, Inc.,
Hamilton, OH
Hillandale Communities, Inc.
Entity: Subchapter S Corporation
Industry: Nursing Care Facilities (Skilled Nursing Facilities)
Location: Hamilton, OH
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Hillandale Communities, Inc. is a subchapter s corporation located at 4168 Tonya Trl in Hamilton, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,067,100.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 435 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
435Loan Approved:
2020-04-12Lender:
CENTRAL BANK & TRUST CO.Hillandale Communities, Inc. in Hamilton, OH received a Paycheck Protection Loan of $3.07M through CENTRAL BANK & TRUST CO., which was approved in April, 2020.
Based on standard PPP eligibility rules, Hillandale Communities, Inc.'s total 2019 payroll expenses were approximately $14.72M in order to qualify for the PPP loan amount received.
Based on their reported 435 jobs retained, this equals an estimated average yearly compensation of $33,844 per employee1.
Business Information - Hillandale Communities, Inc. in Hamilton, OH
4168 Tonya Trl
Hamilton, OH 45011
Business Industry
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: OH-08Similar Companies near Hamilton
In the Hamilton area, 2 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 225 employees (compared to this company's 435) and received an average PPP loan of $1,571,050 (compared to this company's $3.07M).
Similar Nearby Businesses Who Received PPP Funding:
Centerhaven, Inc.
Hamilton, OH
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, 85% lower than Hillandale Communities, Inc.'s reported 435 employees, and received an average PPP loan of $557,944, 82% lower than this company's loan of $3.07M.
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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