PPP Loan Data — Lincoln Hall, Lincolndale, NY
Lincoln Hall is a non-profit organization located at 145 Route 202 in Lincolndale, New York that received a Coronavirus-related PPP loan from the SBA of $3,186,895.00 in May, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Lincoln Hall in Lincolndale, NY received a Paycheck Protection Loan of $3.19M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Lincoln Hall's total 2019 payroll expenses were approximately $15.3M in order to qualify for the PPP loan amount received.
Based on their reported 307 jobs retained, this equals an estimated average yearly compensation of $49,828 per employee1.
Business Information - Lincoln Hall in Lincolndale, NY
145 Route 202
Lincolndale, NY 10540
Other Residential Care Facilities (NAICS code 623990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-17
Similar Companies near Lincolndale
In the Lincolndale area, 2 businesses in the "Other Residential Care Facilities" industry received a PPP loan. These local businesses reported an average of 167 employees (compared to this company's 307) and received an average PPP loan of $1,660,977 (compared to this company's $3.19M).
Similar Nearby Businesses Who Received PPP Funding:
Marian Woods, Inc.
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, 91% lower than Lincoln Hall's reported 307 employees, and received an average PPP loan of $247,346, 92% lower than this company's loan of $3.19M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!