PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Integrated Community Services, Inc., Silver Spring, MD

SBA PPP loan data, payroll data, and salaries for Integrated Community Services, Inc.
MD

Integrated Community Services, Inc.

Entity: Sole Proprietorship

Industry: HMO Medical Centers

Location: Silver Spring, MD

Search All PPP Data

Integrated Community Services, Inc. is a sole proprietorship located at 10230 New Hampshire Avenue in Silver Spring, Maryland that received a Coronavirus-related PPP loan from the SBA of $4,479,990.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.48M

Jobs Retained:

500

Loan Approved:

2020-04-30

Lender:

CAPITAL BANK, NATIONAL ASSOCIATION

Integrated Community Services, Inc. in Silver Spring, MD received a Paycheck Protection Loan of $4.48M through CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Integrated Community Services, Inc.'s total 2019 payroll expenses were approximately $21.5M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $43,008 per employee1.

Because the loan received by Integrated Community Services, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Integrated Community Services, Inc. in Silver Spring, MD

Integrated Community Services, Inc.
10230 New Hampshire Avenue
Silver Spring, MD 20903

Business Industry

HMO Medical Centers (NAICS code 621491)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MD-03

Similar Companies near Silver Spring

In the Silver Spring area, 2 businesses in the "HMO Medical Centers" industry received a PPP loan. These local businesses reported an average of 253 employees (compared to this company's 500) and received an average PPP loan of $2,272,871 (compared to this company's $4.48M).

Similar Nearby Businesses Who Received PPP Funding:

Tahmina K Ahmed MD PC
Silver Spring, MD

$65,752 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 742 businesses in the "HMO Medical Centers" industry received a total of $192,745,263.00 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 23 employees, 95% lower than Integrated Community Services, Inc.'s reported 500 employees, and received an average PPP loan of $259,765, 94% lower than this company's loan of $4.48M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/integrated-community-services-inc-silver-spring-md