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PPP Loan Data — OH 6 Hold Co LLC,
Evanston, IL
OH 6 Hold Co LLC
Entity: Limited Liability Company (LLC)
Industry: Nursing Care Facilities (Skilled Nursing Facilities)
Location: Evanston, IL
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OH 6 Hold Co LLC is a limited liability company (LLC) located at 620 Davis Street in Evanston, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,387,462.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least 390 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
390Loan Approved:
2020-05-04Lender:
CONGRESSIONAL BANKOH 6 Hold Co LLC in Evanston, IL received a Paycheck Protection Loan of $3.39M through CONGRESSIONAL BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, OH 6 Hold Co LLC's total 2019 payroll expenses were approximately $16.26M in order to qualify for the PPP loan amount received.
Based on their reported 390 jobs retained, this equals an estimated average yearly compensation of $41,692 per employee1.
Business Information - OH 6 Hold Co LLC in Evanston, IL
620 Davis Street
Evanston, IL 60201
Business Industry
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: IL-09Similar Companies near Evanston
In the Evanston area, 24 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 153 employees (compared to this company's 390) and received an average PPP loan of $1,477,163 (compared to this company's $3.39M).
Similar Nearby Businesses Who Received PPP Funding:
Albany Care, Inc.
Evanston, IL
Greenwood Care, Inc.
Evanston, IL
The Estates Of Hyde Park LLC
Evanston, IL
Lakewood Nursing Home And Rehabilitation Center, LLC
Evanston, IL
Symphony Of Evanston Healthcare, LLC
Evanston, IL
Lemont Nursing And Rehabilitation Center
Evanston, IL
Palos Heights Rehabilitation LLC
Evanston, IL
Rainbow Beach Qoc LLC
Evanston, IL
St James Wellness Rehab And Villas, LLC
Evanston, IL
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 66 employees, 83% lower than OH 6 Hold Co LLC's reported 390 employees, and received an average PPP loan of $557,944, 84% lower than this company's loan of $3.39M.
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.
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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