PPP Loan Data — Presbyterian Medical Center Of Oakmont, Oakmont, PA
Presbyterian Medical Center Of Oakmont is a non-profit organization located at 1215 Hulton Rd in Oakmont, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,559,927.00 in April, 2020.
The company has reported itself as a White male owned non-profit, and employed at least 337 people during the applicable loan loan period.
$ PPP Loan Information
Lender:WASHINGTON FINANCIAL BANK
Presbyterian Medical Center Of Oakmont received a Paycheck Protection Loan of $2.56M through WASHINGTON FINANCIAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Presbyterian Medical Center Of Oakmont's total 2019 payroll expenses were approximately $12.29M in order to qualify for the PPP loan amount received.
Based on their reported 337 jobs retained, this equals an estimated average yearly compensation of $36,462 per employee1.
Business Information - Presbyterian Medical Center Of Oakmont in Oakmont, PA
1215 Hulton Rd
Oakmont, PA 15139
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: PA-17
Similar Companies near Oakmont
In the Oakmont area, 3 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 194 employees (compared to this company's 337) and received an average PPP loan of $1,572,550 (compared to this company's $2.56M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 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 69 employees, 80% lower than Presbyterian Medical Center Of Oakmont's reported 337 employees, and received an average PPP loan of $576,319, 77% lower than this company's loan of $2.56M.
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Footnotes & Information
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