PPP Loan Data — Iowa Specialty Hospital - Clarion, Clarion, IA
Iowa Specialty Hospital - Clarion is a non-profit organization located at 1316 S Main St in Clarion, Iowa that received a Coronavirus-related PPP loan from the SBA of $4,455,000.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST CITIZENS BANK
Iowa Specialty Hospital - Clarion received a Paycheck Protection Loan of $4.46M through FIRST CITIZENS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Iowa Specialty Hospital - Clarion's total 2019 payroll expenses were approximately $21.38M in order to qualify for the PPP loan amount received.
Based on their reported 302 jobs retained, this equals an estimated average yearly compensation of $70,808 per employee1.
Business Information - Iowa Specialty Hospital - Clarion in Clarion, IA
1316 S Main St
Clarion, IA 50525
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IA-04
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 87% lower than Iowa Specialty Hospital - Clarion's reported 302 employees, and received an average PPP loan of $491,002, 89% lower than this company's loan of $4.46M.
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Footnotes & Information
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