PPP Loan Data — Lutheran Homes Inc, Fort Wayne, IN
Lutheran Homes Inc
Entity: Non-profit Organization
Location: Fort Wayne, INTweet This • Search All PPP Data
Lutheran Homes Inc is a non-profit organization located at 6701 South Anthony Boulevard in Fort Wayne, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,987,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FIRST MERCHANTS BANK
Lutheran Homes Inc in Fort Wayne, IN received a Paycheck Protection Loan of $3.99M through FIRST MERCHANTS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lutheran Homes Inc's total 2019 payroll expenses were approximately $19.14M in order to qualify for the PPP loan amount received.
Unlike most businesses, Lutheran Homes Inc'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.
Business Information - Lutheran Homes Inc in Fort Wayne, IN
6701 South Anthony Boulevard
Fort Wayne, IN 46816
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-03
Similar Companies near Fort Wayne
In the Fort Wayne area, 2 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $2,000,450 (compared to this company's $3.99M).
Similar Nearby Businesses Who Received PPP Funding:
Long Term Care Ombudsman Program Of Northeast Indiana, Inc.
Fort Wayne, IN
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, and received an average PPP loan of $557,944, 86% lower than this company's loan of $3.99M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!