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PPP Loan Data — Northern Inyo Healthcare District, Bishop, CA

SBA PPP loan data, payroll data, and salaries for Northern Inyo Healthcare District
CA Nonprofit Organization

Northern Inyo Healthcare District

Entity: Non-profit Organization

Industry: Offices of Physicians, Mental Health Specialists

Location: Bishop, CA

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Northern Inyo Healthcare District is a non-profit organization located at 150 Pioneer Ln in Bishop, California that received a Coronavirus-related PPP loan from the SBA of $8,927,628.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$8.93M

Jobs Retained:

499

Loan Approved:

2020-04-28

Lender:

OAK VALLEY COMMUNITY BANK

Northern Inyo Healthcare District received a Paycheck Protection Loan of $8.93M through OAK VALLEY COMMUNITY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Northern Inyo Healthcare District's total 2019 payroll expenses were approximately $42.85M in order to qualify for the PPP loan amount received.

Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $85,877 per employee1.

Because the loan received by Northern Inyo Healthcare District 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 - Northern Inyo Healthcare District in Bishop, CA

Northern Inyo Healthcare District
150 Pioneer Ln
Bishop, CA 93514

Business Industry

Offices of Physicians, Mental Health Specialists (NAICS code 621112)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-08

Similar Companies near Bishop

In the Bishop area, 2 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 499) and received an average PPP loan of $4,475,439 (compared to this company's $8.93M).

Similar Nearby Businesses Who Received PPP Funding:

James Richardson, MD, Inc
Bishop, CA

$23,250 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 13,272 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1,260,960,972.00 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 8 employees, 98% lower than Northern Inyo Healthcare District's reported 499 employees, and received an average PPP loan of $95,009, 99% lower than this company's loan of $8.93M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/northern-inyo-healthcare-district-bishop-ca