PPP Loan Data — National Medical Services Inc, Horsham, PA
National Medical Services Inc is a subchapter s corporation located at 200 Welsh Rd in Horsham, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $6,580,900.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
National Medical Services Inc received a Paycheck Protection Loan of $6.58M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, National Medical Services Inc's total 2019 payroll expenses were approximately $31.59M in order to qualify for the PPP loan amount received.
Based on their reported 363 jobs retained, this equals an estimated average yearly compensation of $87,020 per employee1.
Business Information - National Medical Services Inc in Horsham, PA
200 Welsh Rd
Horsham, PA 19044
Medical Laboratories (NAICS code 621511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-04
Industry PPP Comparison Statistics
Nationwide, 3,529 businesses in the "Medical Laboratories" industry received a total of $652,578,027.00 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 15 employees, 96% lower than National Medical Services Inc's reported 363 employees, and received an average PPP loan of $184,919, 97% lower than this company's loan of $6.58M.
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Footnotes & Information
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