PPP Loan Data — Hospice Of East Texas, Tyler, TX
Hospice Of East Texas is a non-profit organization located at 4111 University Boulevard in Tyler, Texas that received a Coronavirus-related PPP loan from the SBA of $2,508,180.00 in April, 2020.
$ PPP Loan Information
Hospice Of East Texas in Tyler, TX received a Paycheck Protection Loan of $2.51M through SOUTHSIDE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hospice Of East Texas' total 2019 payroll expenses were approximately $12.04M in order to qualify for the PPP loan amount received.
Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $54,724 per employee1.
Business Information - Hospice Of East Texas in Tyler, TX
4111 University Boulevard
Tyler, TX 75701
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: TX-01
Similar Companies near Tyler
In the Tyler area, 14 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 67 employees (compared to this company's 220) and received an average PPP loan of $392,552 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
Paradigm Rehab & Healthcare, LLC
Paradigm Rehab & Nursing, LP
Infucare GP, Inc
Totalcare Comprehensive Home Health Supply, LTD
Home Aid Caregivers LTD
Allegiance Home Health Services, LLC
Fellowship Health Team LLC
Divine Health Care Services, Inc.
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, 85% lower than Hospice Of East Texas' reported 220 employees, and received an average PPP loan of $212,236, 92% lower than this company's loan of $2.51M.
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