PPP Loan Data — Home Care Consulting Inc, Brooklyn, NY
Home Care Consulting Inc is a subchapter s corporation located at 352 Bay 10th Street in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $15,000.00 in May, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Home Care Consulting Inc received a Paycheck Protection Loan of $15,000 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Home Care Consulting Inc's total 2019 payroll expenses were approximately $72,000 in order to qualify for the PPP loan amount received.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $36,000 per employee1.
Business Information - Home Care Consulting Inc in Brooklyn, NY
352 Bay 10th Street
Brooklyn, NY 11228
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-11
Similar Companies near Brooklyn
In the Brooklyn area, 15 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 195 employees (compared to this company's 2) and received an average PPP loan of $1,071,469 (compared to this company's $15,000).
Similar Nearby Businesses Who Received PPP Funding:
Citycare Agency Corp
Nurturing Angels Home Care Inc
Caring Hospice Services Of New York, LLC
Carepro Of NY Inc
Ssmc Services Corporation
Scharome Cares, Inc
In Care Home Health Care Group LLC
Big Heart Home Care LLC
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, 1600% higher than Home Care Consulting Inc's reported 2 employees, and received an average PPP loan of $212,236, 1315% higher than this company's loan of $15,000.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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