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PPP Loan Data — Hospital Central Services Association,
Auburn, WA
Hospital Central Services Association
Entity: Corporation
Industry: Linen Supply
Location: Auburn, WA
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Hospital Central Services Association is a corporation located at 1600 M Street Nw in Auburn, Washington that received a Coronavirus-related PPP loan from the SBA of $2,917,711.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
309Loan Approved:
2020-04-10Lender:
WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATIONHospital Central Services Association in Auburn, WA received a Paycheck Protection Loan of $2.92M through WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hospital Central Services Association's total 2019 payroll expenses were approximately $14.01M in order to qualify for the PPP loan amount received.
Based on their reported 309 jobs retained, this equals an estimated average yearly compensation of $45,324 per employee1.
Business Information - Hospital Central Services Association in Auburn, WA
1600 M Street Nw
Auburn, WA 98001
Business Industry
Linen Supply (NAICS code 812331)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: WA-08Industry PPP Comparison Statistics
Nationwide, 501 businesses in the "Linen Supply" industry received a total of $193,937,933.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 88% lower than Hospital Central Services Association's reported 309 employees, and received an average PPP loan of $387,102, 87% lower than this company's loan of $2.92M.
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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