PPP Loan Data — Integrated Community Services, Inc., Silver Spring, MD
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
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.
Business Information - Integrated Community Services, Inc. in Silver Spring, MD
10230 New Hampshire Avenue
Silver Spring, MD 20903
HMO Medical Centers (NAICS code 621491)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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
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.
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!