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PPP Loan Data — Kalihi-Palama Health Center (Hale Hoola Hou), Honolulu, HI

SBA PPP loan data, payroll data, and salaries for Kalihi-Palama Health Center (Hale Hoola Hou)
HI Nonprofit Organization

Kalihi-Palama Health Center (Hale Hoola Hou)

Entity: Non-profit Organization

Industry: All Other Outpatient Care Centers

Location: Honolulu, HI

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Kalihi-Palama Health Center (Hale Hoola Hou) is a non-profit organization located at 915 N. King St in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $2,989,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.99M

Jobs Retained:

250

Loan Approved:

2020-04-04

Lender:

AMERICAN SAVINGS BANK, FSB

Kalihi-Palama Health Center (Hale Hoola Hou) received a Paycheck Protection Loan of $2.99M through AMERICAN SAVINGS BANK, FSB, which was approved in April, 2020.

Based on standard PPP eligibility rules, Kalihi-Palama Health Center (Hale Hoola Hou)'s total 2019 payroll expenses were approximately $14.35M in order to qualify for the PPP loan amount received.

Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $57,391 per employee1.

Because the loan received by Kalihi-Palama Health Center (Hale Hoola Hou) 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 - Kalihi-Palama Health Center (Hale Hoola Hou) in Honolulu, HI

Kalihi-Palama Health Center (Hale Hoola Hou)
915 N. King St
Honolulu, HI 96817

Business Industry

All Other Outpatient Care Centers (NAICS code 621498)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: HI-01

Similar Companies near Honolulu

In the Honolulu area, 5 businesses in the "All Other Outpatient Care Centers" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 250) and received an average PPP loan of $651,175 (compared to this company's $2.99M).

Industry PPP Comparison Statistics

Nationwide, 5,588 businesses in the "All Other Outpatient Care Centers" industry received a total of $1,142,796,792.00 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 17 employees, 93% lower than Kalihi-Palama Health Center (Hale Hoola Hou)'s reported 250 employees, and received an average PPP loan of $204,509, 93% lower than this company's loan of $2.99M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/kalihi-palama-health-center-hale-hoola-hou-honolulu-hi