PPP Loan Data — Long Island Fqhc, Inc., Westbury, NY
Long Island Fqhc, Inc. is a non-profit organization located at 1600 Stewart Avenue, Suite 300 in Westbury, New York that received a Coronavirus-related PPP loan from the SBA of $4,296,475.00 in April, 2020.
$ PPP Loan Information
Lender:CARVER FEDERAL SAVINGS BANK
Long Island Fqhc, Inc. in Westbury, NY received a Paycheck Protection Loan of $4.3M through CARVER FEDERAL SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Long Island Fqhc, Inc.'s total 2019 payroll expenses were approximately $20.62M in order to qualify for the PPP loan amount received.
Based on their reported 310 jobs retained, this equals an estimated average yearly compensation of $66,526 per employee1.
Business Information - Long Island Fqhc, Inc. in Westbury, NY
1600 Stewart Avenue, Suite 300
Westbury, NY 11590
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-04
Similar Companies near Westbury
In the Westbury area, 3 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 310) and received an average PPP loan of $1,566,162 (compared to this company's $4.3M).
Similar Nearby Businesses Who Received PPP Funding:
St. Brigid/Our Lady Of Hope Regional School
Westbury Friends School
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 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 38 employees, 88% lower than Long Island Fqhc, Inc.'s reported 310 employees, and received an average PPP loan of $379,166, 91% lower than this company's loan of $4.3M.
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Footnotes & Information
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