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PPP Loan Data — Host Healthcare, Inc.,
La Jolla, CA
Host Healthcare, Inc.
Entity: Corporation
Industry: Temporary Help Services
Location: La Jolla, CA
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Host Healthcare, Inc. is a corporation located at 4225 Executive Sq in La Jolla, California that received a Coronavirus-related PPP loan from the SBA of $8,110,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
485Loan Approved:
2020-04-28Lender:
BANK OF THE WESTHost Healthcare, Inc. in La Jolla, CA received a Paycheck Protection Loan of $8.11M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Host Healthcare, Inc.'s total 2019 payroll expenses were approximately $38.93M in order to qualify for the PPP loan amount received.
Based on their reported 485 jobs retained, this equals an estimated average yearly compensation of $80,264 per employee1.
Business Information - Host Healthcare, Inc. in La Jolla, CA
4225 Executive Sq
La Jolla, CA 92037
Business Industry
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-52Similar Companies near La Jolla
In the La Jolla area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 243 employees (compared to this company's 485) and received an average PPP loan of $4,060,539 (compared to this company's $8.11M).
Similar Nearby Businesses Who Received PPP Funding:
Tsunami Networks Search Group
San Diego, CA
Industry PPP Comparison Statistics
Nationwide, 4,404 businesses in the "Temporary Help Services" industry received a total of $2,681,304,257.00 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 61 employees, 87% lower than Host Healthcare, Inc.'s reported 485 employees, and received an average PPP loan of $608,834, 92% lower than this company's loan of $8.11M.
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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