PPP Loan Data — Lincoln Healthcare LLC, Conshohocken, PA
Lincoln Healthcare LLC is a limited liability company (LLC) located at 100 Front Street in Conshohocken, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,466,560.00 in April, 2020.
$ PPP Loan Information
Lender:VALLEY NATIONAL BANK
Lincoln Healthcare LLC in Conshohocken, PA received a Paycheck Protection Loan of $4.47M through VALLEY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lincoln Healthcare LLC's total 2019 payroll expenses were approximately $21.44M in order to qualify for the PPP loan amount received.
Based on their reported 482 jobs retained, this equals an estimated average yearly compensation of $44,480 per employee1.
Business Information - Lincoln Healthcare LLC in Conshohocken, PA
100 Front Street
Conshohocken, PA 19428
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-04
Similar Companies near Conshohocken
In the Conshohocken area, 3 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 201 employees (compared to this company's 482) and received an average PPP loan of $1,530,148 (compared to this company's $4.47M).
Similar Nearby Businesses Who Received PPP Funding:
Nicholson Medical Associates
Reliant At Home Care, Inc.
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 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 34 employees, 93% lower than Lincoln Healthcare LLC's reported 482 employees, and received an average PPP loan of $212,236, 95% lower than this company's loan of $4.47M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!