PPP Loan Data — Menorah Park Center For Senior Living, Beachwood, OH
Menorah Park Center For Senior Living
Entity: Non-profit Organization
Location: Beachwood, OHTweet This • Search All PPP Data
Menorah Park Center For Senior Living is a non-profit organization located at 27100 Cedar Rd in Beachwood, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST MIDWEST BANK
Menorah Park Center For Senior Living in Beachwood, OH received a Paycheck Protection Loan of $4M through FIRST MIDWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Menorah Park Center For Senior Living's total 2019 payroll expenses were approximately $19.2M 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 $38,400 per employee1.
Business Information - Menorah Park Center For Senior Living in Beachwood, OH
27100 Cedar Rd
Beachwood, OH 44122
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-11
Similar Companies near Beachwood
In the Beachwood area, 10 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 192 employees (compared to this company's 500) and received an average PPP loan of $1,676,375 (compared to this company's $4M).
Similar Nearby Businesses Who Received PPP Funding:
Gateway Health Care Centre, LLC
Pepper Pike, OH
The Montefiore Home
Stone Crossing Assisted Living LLC
Pepper Pike, OH
Gaymont Leasing LLC
Embassy Healthcare Holdings, Inc.
Gaslite Leasing LLC
Phoenix Maple Heights Operating Co, LLC
Shaker Gardens Opco LLC
Shaker Heights, OH
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, 87% lower than Menorah Park Center For Senior Living's reported 500 employees, and received an average PPP loan of $557,944, 86% lower than this company's loan of $4M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!