Landmark Hospital Of Southwest Florida in Naples, FL - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Landmark Hospital Of Southwest Florida, Naples, FL

Landmark Hospital Of Southwest Florida

Entity: Limited Liability Company (LLC)

Industry: Specialty (except Psychiatric and Substance Abuse) Hospitals

Location: Naples, FL

Landmark Hospital Of Southwest Florida is a limited liability company (LLC) located at 1285 Creekside Blvd E in Naples, Florida that received a Coronavirus-related PPP loan from the SBA of $2,467,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.47M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-10

Lender:

MONTGOMERY BANK

Landmark Hospital Of Southwest Florida received a Paycheck Protection Loan of $2.47M through MONTGOMERY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Landmark Hospital Of Southwest Florida's total 2019 payroll expenses were approximately $11.84M in order to qualify for the PPP loan amount received.

Unlike most businesses, Landmark Hospital Of Southwest Florida's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Landmark Hospital Of Southwest Florida 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 - Landmark Hospital Of Southwest Florida in Naples, FL

Landmark Hospital Of Southwest Florida
1285 Creekside Blvd E
Naples, FL 34109

Business Industry

Specialty (except Psychiatric and Substance Abuse) Hospitals (NAICS code 622310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-19

Industry PPP Comparison Statistics

Nationwide, 1,042 businesses in the "Specialty (except Psychiatric and Substance Abuse) Hospitals" industry received a total of $329,966,547.00 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 26 employees, and received an average PPP loan of $316,667, 87% lower than this company's loan of $2.47M.

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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