PPP Loan Data — Mitchell County Hospital Health Systems, Beloit, KS
Mitchell County Hospital Health Systems is a non-profit organization located at 400 West 8th in Beloit, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,032,382.00 in April, 2020.
$ PPP Loan Information
Lender:GUARANTY STATE BANK AND TRUST COMPANY
Mitchell County Hospital Health Systems received a Paycheck Protection Loan of $3.03M through GUARANTY STATE BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mitchell County Hospital Health Systems' total 2019 payroll expenses were approximately $14.56M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $58,222 per employee1.
Business Information - Mitchell County Hospital Health Systems in Beloit, KS
400 West 8th
Beloit, KS 67420
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-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, 84% lower than Mitchell County Hospital Health Systems' reported 250 employees, and received an average PPP loan of $491,002, 84% lower than this company's loan of $3.03M.
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Footnotes & Information
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