PPP Loan Data — Host Healthcare, Inc., La Jolla, CA
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
Lender:BANK OF THE WEST
Host 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
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-52
Similar 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.
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Footnotes & Information
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