PPP Loan Data — Presbyterian Retirement Communities Northwest, Bellevue, WA
Presbyterian Retirement Communities Northwest is a corporation located at 1980 112th Ave Ne in Bellevue, Washington that received a Coronavirus-related PPP loan from the SBA of $9,999,954.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION
Presbyterian Retirement Communities Northwest received a Paycheck Protection Loan of $10M through WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Presbyterian Retirement Communities Northwest's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Unlike most businesses, Presbyterian Retirement Communities Northwest's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Presbyterian Retirement Communities Northwest in Bellevue, WA
1980 112th Ave Ne
Bellevue, WA 98004
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-09
Similar Companies near Bellevue
In the Bellevue area, 2 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 0) and received an average PPP loan of $5,047,477 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Nagaich Holdings LLC
Federal Way, WA
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, and received an average PPP loan of $576,319, 94% lower than this company's loan of $10M.
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Footnotes & Information
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