PPP Loan Data — Marks Home Care Agency Inc., Corona, NY
Marks Home Care Agency Inc. is a subchapter s corporation located at 40-04 Junction Boulevard in Corona, New York that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:AMERICAN EXPRESS NATIONAL BANK
Marks Home Care Agency Inc. in Corona, NY received a Paycheck Protection Loan of $10M through AMERICAN EXPRESS NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Marks Home Care Agency Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Marks Home Care Agency Inc. in Corona, NY
40-04 Junction Boulevard
Corona, NY 11368
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: NY-14
Similar Companies near Corona
In the Corona area, 7 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 146 employees (compared to this company's 500) and received an average PPP loan of $1,889,541 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Supreme Generation Inc.
Support, Evaluation And Intervention Services Lcsw, PC
Abundance Health Care Management Corp
Aliah Home Care Inc.
East Elmhurst, NY
East Elmhurst, NY
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 Marks Home Care Agency Inc.'s reported 500 employees, and received an average PPP loan of $212,236, 98% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!