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PPP Loan Data — Ozark Tri-County Health Care Consortium, Neosho, MO

SBA PPP loan data, payroll data, and salaries for Ozark Tri-County Health Care Consortium
MO Nonprofit Organization

Ozark Tri-County Health Care Consortium

Entity: Non-profit Organization

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Neosho, MO

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Ozark Tri-County Health Care Consortium is a non-profit organization located at 475 Nelson Ave in Neosho, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,424,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.42M

Jobs Retained:

214

Loan Approved:

2020-04-04

Lender:

ARVEST BANK

Ozark Tri-County Health Care Consortium received a Paycheck Protection Loan of $2.42M through ARVEST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ozark Tri-County Health Care Consortium's total 2019 payroll expenses were approximately $11.64M in order to qualify for the PPP loan amount received.

Based on their reported 214 jobs retained, this equals an estimated average yearly compensation of $54,386 per employee1.

Because the loan received by Ozark Tri-County Health Care Consortium 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 - Ozark Tri-County Health Care Consortium in Neosho, MO

Ozark Tri-County Health Care Consortium
475 Nelson Ave
Neosho, MO 64850

Business Industry

Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-07

Similar Companies near Neosho

In the Neosho area, 4 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 214) and received an average PPP loan of $653,311 (compared to this company's $2.42M).

Industry PPP Comparison Statistics

Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 95% lower than Ozark Tri-County Health Care Consortium's reported 214 employees, and received an average PPP loan of $138,136, 94% lower than this company's loan of $2.42M.

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/ozark-tri-county-health-care-consortium-neosho-mo