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PPP Loan Data — Orchard Hospital,
Gridley, CA
Orchard Hospital
Entity: Professional Association
Industry: Full-Service Restaurants
Location: Gridley, CA
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Orchard Hospital is a professional association located at 240 Spruce St in Gridley, California that received a Coronavirus-related PPP loan from the SBA of $3,009,374.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
254Loan Approved:
2020-04-16Lender:
U.S. BANK, NATIONAL ASSOCIATIONOrchard Hospital in Gridley, CA received a Paycheck Protection Loan of $3.01M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Orchard Hospital's total 2019 payroll expenses were approximately $14.44M in order to qualify for the PPP loan amount received.
Based on their reported 254 jobs retained, this equals an estimated average yearly compensation of $56,870 per employee1.
Business Information - Orchard Hospital in Gridley, CA
240 Spruce St
Gridley, CA 95948
Business Industry
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-01Similar Companies near Gridley
In the Gridley area, 11 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 254) and received an average PPP loan of $325,064 (compared to this company's $3.01M).
Similar Nearby Businesses Who Received PPP Funding:
ABC 99 Corporation
Gridley, CA
C & L Foods
Gridley, CA
Rail House Pub And Grill
Gridley, CA
Trailblazer Craft Pizza And Brews
Grass Valley, CA
Tangle Blue Saloon
Grass Valley, CA
Mountain Valley Pizza
Greenville, CA
Casa Las Katarinas, Inc.
Grass Valley, CA
Mayas Mex Food Inc
Grass Valley, CA
Elite Restaurant Management Group Inc.
Gridley, CA
Industry PPP Comparison Statistics
Nationwide, 175,054 businesses in the "Full-Service Restaurants" industry received a total of $20,426,260,320.00 in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 4% of the total PPP funding allocated.
PPP recipients in this industry report an average of 20 employees, 92% lower than Orchard Hospital's reported 254 employees, and received an average PPP loan of $116,685, 96% lower than this company's loan of $3.01M.
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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