PPP Loan Data — North Philadelphia Health Systems, Philadelphia, PA
North Philadelphia Health Systems is a corporation located at 801 W Girard Avenue in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,696,456.00 in April, 2020.
$ PPP Loan Information
Lender:REPUBLIC FIRST BANK D/B/A REPUBLIC BANK
North Philadelphia Health Systems received a Paycheck Protection Loan of $4.7M through REPUBLIC FIRST BANK D/B/A REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, North Philadelphia Health Systems' total 2019 payroll expenses were approximately $22.54M in order to qualify for the PPP loan amount received.
Based on their reported 341 jobs retained, this equals an estimated average yearly compensation of $66,108 per employee1.
Business Information - North Philadelphia Health Systems in Philadelphia, PA
801 W Girard Avenue
Philadelphia, PA 19122
Psychiatric and Substance Abuse Hospitals (NAICS code 622210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-02
Similar Companies near Philadelphia
In the Philadelphia area, 2 businesses in the "Psychiatric and Substance Abuse Hospitals" industry received a PPP loan. These local businesses reported an average of 234 employees (compared to this company's 341) and received an average PPP loan of $2,788,526 (compared to this company's $4.7M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 767 businesses in the "Psychiatric and Substance Abuse Hospitals" industry received a total of $269,257,685.00 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 34 employees, 90% lower than North Philadelphia Health Systems' reported 341 employees, and received an average PPP loan of $351,053, 93% lower than this company's loan of $4.7M.
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Footnotes & Information
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