PPP Loan Data — Johnson County Hospital District, Buffalo, WY
Johnson County Hospital District is a non-profit organization located at 497 W Lott Street in Buffalo, Wyoming that received a Coronavirus-related PPP loan from the SBA of $2,334,839.00 in April, 2020.
The company has reported itself as a White male owned non-profit, and employed at least 198 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First Northern Bank of Wyoming
Johnson County Hospital District in Buffalo, WY received a Paycheck Protection Loan of $2.33M through First Northern Bank of Wyoming, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Johnson County Hospital District's 2019 payroll expenses are estimated to be at least $11.21M.
Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $56,602 per employee1
Reported PPP Proceed Usage:
On the PPP application, Johnson County Hospital District reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,334,839
Business Information - Johnson County Hospital District in Buffalo, WY
497 W Lott Street
Buffalo, WY 82834
General Medical and Surgical Hospitals
NAICS code 622110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 9,269 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3.57B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 36 employees, 82% lower than Johnson County Hospital District's reported 198 employees, and received an average PPP loan of $385,289, 83% lower than this company's loan of $2.33M.
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Footnotes & Information
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