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PPP Loan Data — Kansas Medical Center LLC, Andover, KS

SBA PPP loan data, payroll data, and salaries for Kansas Medical Center LLC
KS

Kansas Medical Center LLC

Entity: Limited Liability Company (LLC)

Industry: General Medical and Surgical Hospitals

Location: Andover, KS

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Kansas Medical Center LLC is a limited liability company (LLC) located at 1124 W. 21st Street in Andover, Kansas that received a Coronavirus-related PPP loan from the SBA of $5,154,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.15M

Jobs Retained:

248

Loan Approved:

2020-04-04

Lender:

BOKF, NATIONAL ASSOCIATION

Kansas Medical Center LLC received a Paycheck Protection Loan of $5.15M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Kansas Medical Center LLC's total 2019 payroll expenses were approximately $24.74M in order to qualify for the PPP loan amount received.

Based on their reported 248 jobs retained, this equals an estimated average yearly compensation of $99,757 per employee1.

Because the loan received by Kansas Medical Center LLC 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 - Kansas Medical Center LLC in Andover, KS

Kansas Medical Center LLC
1124 W. 21st Street
Andover, KS 67002

Business Industry

General Medical and Surgical Hospitals (NAICS code 622110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: KS-04

Similar Companies near Andover

In the Andover area, 2 businesses in the "General Medical and Surgical Hospitals" industry received a PPP loan. These local businesses reported an average of 197 employees (compared to this company's 248) and received an average PPP loan of $3,516,945 (compared to this company's $5.15M).

Similar Nearby Businesses Who Received PPP Funding:

Hospital District No. 6 Of Harper Co, Ks
Anthony, KS

$1.88M PPP Loan

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, 84% lower than Kansas Medical Center LLC's reported 248 employees, and received an average PPP loan of $491,002, 90% lower than this company's loan of $5.15M.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/kansas-medical-center-llc-andover-ks