PPP Loan Data — Mayers Memorial Hospital District, Fall River Mills, CA
Mayers Memorial Hospital District is a non-profit organization located at 24977 Curve St in Fall River Mills, California that received a Coronavirus-related PPP loan from the SBA of $2,421,900.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 235 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CORNERSTONE COMMUNITY BANK
Mayers Memorial Hospital District received a Paycheck Protection Loan of $2.42M through CORNERSTONE COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mayers Memorial Hospital District's total 2019 payroll expenses were approximately $11.63M in order to qualify for the PPP loan amount received.
Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $49,469 per employee1.
Business Information - Mayers Memorial Hospital District in Fall River Mills, CA
24977 Curve St
Fall River Mills, CA 96028
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-01
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, 83% lower than Mayers Memorial Hospital District's reported 235 employees, and received an average PPP loan of $491,002, 80% lower than this company's loan of $2.42M.
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Footnotes & Information
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