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PPP Loan Data — Julia Dyckman Andrus Memorial Inc., Yonkers, NY

SBA PPP loan data, payroll data, and salaries for Julia Dyckman Andrus Memorial Inc.
NY Nonprofit Organization

Julia Dyckman Andrus Memorial Inc.

Entity: Non-profit Organization

Industry: Other Residential Care Facilities

Location: Yonkers, NY

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Julia Dyckman Andrus Memorial Inc. is a non-profit organization located at 1156 North Broadway in Yonkers, New York that received a Coronavirus-related PPP loan from the SBA of $5,930,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.93M

Jobs Retained:

469

Loan Approved:

2020-04-15

Lender:

MANUFACTURERS AND TRADERS TRUST COMPANY

Julia Dyckman Andrus Memorial Inc. received a Paycheck Protection Loan of $5.93M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Julia Dyckman Andrus Memorial Inc.'s total 2019 payroll expenses were approximately $28.47M in order to qualify for the PPP loan amount received.

Based on their reported 469 jobs retained, this equals an estimated average yearly compensation of $60,697 per employee1.

Because the loan received by Julia Dyckman Andrus Memorial 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 - Julia Dyckman Andrus Memorial Inc. in Yonkers, NY

Julia Dyckman Andrus Memorial Inc.
1156 North Broadway
Yonkers, NY 10701

Business Industry

Other Residential Care Facilities (NAICS code 623990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-16

Industry PPP Comparison Statistics

Nationwide, 2,694 businesses in the "Other Residential Care Facilities" industry received a total of $666,350,372.00 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 29 employees, 94% lower than Julia Dyckman Andrus Memorial Inc.'s reported 469 employees, and received an average PPP loan of $247,346, 96% lower than this company's loan of $5.93M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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.


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Source: www.federalpay.org/paycheck-protection-program/julia-dyckman-andrus-memorial-inc-yonkers-ny