PPP Loan Data — Menorah Home And Hospital For The Aged, Brooklyn, NY
Menorah Home And Hospital For The Aged
Entity: Non-profit Organization
Location: Brooklyn, NYTweet This • Search All PPP Data
Menorah Home And Hospital For The Aged is a non-profit organization located at 1516 Oriental Blvd in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $7,701,372.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Menorah Home And Hospital For The Aged in Brooklyn, NY received a Paycheck Protection Loan of $7.7M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Menorah Home And Hospital For The Aged's total 2019 payroll expenses were approximately $36.97M in order to qualify for the PPP loan amount received.
Based on their reported 470 jobs retained, this equals an estimated average yearly compensation of $78,652 per employee1.
Business Information - Menorah Home And Hospital For The Aged in Brooklyn, NY
1516 Oriental Blvd
Brooklyn, NY 11220
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-07
Similar Companies near Brooklyn
In the Brooklyn area, 2 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 351 employees (compared to this company's 470) and received an average PPP loan of $4,831,055 (compared to this company's $7.7M).
Similar Nearby Businesses Who Received PPP Funding:
Buena Vida Snf LLC
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, 86% lower than Menorah Home And Hospital For The Aged's reported 470 employees, and received an average PPP loan of $557,944, 93% lower than this company's loan of $7.7M.
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