PPP Loan Data — Memorial Hospital Of William F And Gertrud F Jones, Wellsville, NY
Memorial Hospital Of William F And Gertrud F Jones is a non-profit organization located at 191 North Main Street in Wellsville, New York that received a Coronavirus-related PPP loan from the SBA of $4,541,220.00 in April, 2020.
$ PPP Loan Information
Lender:COMMUNITY BANK, NATIONAL ASSOCIATION
Memorial Hospital Of William F And Gertrud F Jones in Wellsville, NY received a Paycheck Protection Loan of $4.54M through COMMUNITY BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Memorial Hospital Of William F And Gertrud F Jones' total 2019 payroll expenses were approximately $21.8M in order to qualify for the PPP loan amount received.
Based on their reported 450 jobs retained, this equals an estimated average yearly compensation of $48,440 per employee1.
Business Information - Memorial Hospital Of William F And Gertrud F Jones in Wellsville, NY
191 North Main Street
Wellsville, NY 14895
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-23
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, 91% lower than Memorial Hospital Of William F And Gertrud F Jones' reported 450 employees, and received an average PPP loan of $491,002, 89% lower than this company's loan of $4.54M.
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Footnotes & Information
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