PPP Loan Data — In Care Home Health Care Group LLC, Brooklyn, NY
In Care Home Health Care Group LLC is a limited liability company (LLC) located at 1820 Gravesend Neck Road in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $4,254,770.00 in April, 2020.
$ PPP Loan Information
Lender:THE BANK OF PRINCETON
In Care Home Health Care Group LLC in Brooklyn, NY received a Paycheck Protection Loan of $4.25M through THE BANK OF PRINCETON, which was approved in April, 2020.
Based on standard PPP eligibility rules, In Care Home Health Care Group LLC's total 2019 payroll expenses were approximately $20.42M in order to qualify for the PPP loan amount received.
Based on their reported 490 jobs retained, this equals an estimated average yearly compensation of $41,679 per employee1.
Business Information - In Care Home Health Care Group LLC in Brooklyn, NY
1820 Gravesend Neck Road
Brooklyn, NY 11229
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-09
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 490) and received an average PPP loan of $1,071,469 (compared to this company's $4.25M).
Similar Nearby Businesses Who Received PPP Funding:
Easy Touch Home Care, Inc
Home Care Consulting Inc
Citycare Agency Corp
1ST Home Care Of NY, Corp
Big Heart Home Care LLC
Carepro Big Apple LLC
Scharome Cares, Inc
Nurturing Angels Home Care Inc
Carepro Of NY 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, 93% lower than In Care Home Health Care Group LLC's reported 490 employees, and received an average PPP loan of $212,236, 95% lower than this company's loan of $4.25M.
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