PPP Loan Data — Jennings American Legion Hospital, Jennings, LA
Jennings American Legion Hospital is a non-profit organization located at 1634 Elton Road in Jennings, Louisiana that received a Coronavirus-related PPP loan from the SBA of $4,240,800.00 in April, 2020.
$ PPP Loan Information
Lender:HOME BANK, NATIONAL ASSOCIATION
Jennings American Legion Hospital in Jennings, LA received a Paycheck Protection Loan of $4.24M through HOME BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jennings American Legion Hospital's total 2019 payroll expenses were approximately $20.36M in order to qualify for the PPP loan amount received.
Based on their reported 366 jobs retained, this equals an estimated average yearly compensation of $55,617 per employee1.
Business Information - Jennings American Legion Hospital in Jennings, LA
1634 Elton Road
Jennings, LA 70546
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-03
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, 89% lower than Jennings American Legion Hospital's reported 366 employees, and received an average PPP loan of $491,002, 88% lower than this company's loan of $4.24M.
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Footnotes & Information
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