PPP Loan Data — Moravian Manors, Inc., Lititz, PA
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
Lender:FULTON BANK, NATIONAL ASSOCIATION
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.
Business Information - Moravian Manors, Inc. in Lititz, PA
300 West Lemon St
Lititz, PA 17543
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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
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.
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Footnotes & Information
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