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PPP Loan Data — Moravian Manors, Inc., Lititz, PA

SBA PPP loan data, payroll data, and salaries for Moravian Manors, Inc.

Moravian Manors, Inc.

Entity: Corporation

Industry: Continuing Care Retirement Communities

Location: Lititz, PA

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Moravian Manors, Inc. is a corporation located at 300 West Lemon St in Lititz, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,827,125.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Moravian Manors, Inc. in Lititz, PA received a Paycheck Protection Loan of $2.83M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Moravian Manors, Inc.'s total 2019 payroll expenses were approximately $13.57M in order to qualify for the PPP loan amount received.

Based on their reported 366 jobs retained, this equals an estimated average yearly compensation of $37,077 per employee1.

Because the loan received by Moravian Manors, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Moravian Manors, Inc. in Lititz, PA

Moravian Manors, Inc.
300 West Lemon St
Lititz, PA 17543

Business Industry

Continuing Care Retirement Communities (NAICS code 623311)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: PA-11

Similar Companies near Lititz

In the Lititz area, 2 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 183 employees (compared to this company's 366) and received an average PPP loan of $2,029,813 (compared to this company's $2.83M).

Similar Nearby Businesses Who Received PPP Funding:

United Zion Retirement Community
Litzti, PA

$1.23M PPP Loan

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, 81% lower than Moravian Manors, Inc.'s reported 366 employees, and received an average PPP loan of $576,319, 80% lower than this company's loan of $2.83M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **