PPP Loan Data — Methodist Manor Inc., Milwaukee, WI
Methodist Manor Inc. is a non-profit organization located at 3023 S. 84th St in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,487,200.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Methodist Manor Inc. in Milwaukee, WI received a Paycheck Protection Loan of $3.49M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Methodist Manor Inc.'s total 2019 payroll expenses were approximately $16.74M in order to qualify for the PPP loan amount received.
Based on their reported 401 jobs retained, this equals an estimated average yearly compensation of $41,742 per employee1.
Business Information - Methodist Manor Inc. in Milwaukee, WI
3023 S. 84th St
Milwaukee, WI 53227
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-05
Similar Companies near Milwaukee
In the Milwaukee area, 2 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 201 employees (compared to this company's 401) and received an average PPP loan of $1,760,740 (compared to this company's $3.49M).
Similar Nearby Businesses Who Received PPP Funding:
Arbor Village Inc.
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 69 employees, 83% lower than Methodist Manor Inc.'s reported 401 employees, and received an average PPP loan of $576,319, 83% lower than this company's loan of $3.49M.
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Footnotes & Information
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