PPP Loan Data — Massac County Hospital District, Metropolis, IL
Massac County Hospital District is a professional association located at 28 Chick Street in Metropolis, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,678,431.00 in April, 2020.
$ PPP Loan Information
Lender:THE CITY NATIONAL BANK OF METROPOLIS
Massac County Hospital District received a Paycheck Protection Loan of $2.68M through THE CITY NATIONAL BANK OF METROPOLIS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Massac County Hospital District's total 2019 payroll expenses were approximately $12.86M in order to qualify for the PPP loan amount received.
Based on their reported 179 jobs retained, this equals an estimated average yearly compensation of $71,824 per employee1.
Business Information - Massac County Hospital District in Metropolis, IL
28 Chick Street
Metropolis, IL 62960
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-15
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 78% lower than Massac County Hospital District's reported 179 employees, and received an average PPP loan of $491,002, 82% lower than this company's loan of $2.68M.
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Footnotes & Information
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