PPP Loan Data — Professional Registered Nursing Pool, Inc, Griffin, GA
Professional Registered Nursing Pool, Inc is a subchapter s corporation located at 240 Odell Rd in Griffin, Georgia that received a Coronavirus-related PPP loan from the SBA of $1,940,125.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 433 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Professional Registered Nursing Pool, Inc in Griffin, GA received a Paycheck Protection Loan of $1.94M through United Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Professional Registered Nursing Pool, Inc's 2019 payroll expenses are estimated to be at least $9.31M.
Based on their reported 433 jobs retained, this equals an estimated average yearly compensation of $21,507 per employee1
Reported PPP Proceed Usage:
On the PPP application, Professional Registered Nursing Pool, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,600,000
- Utilities: $300,125
- Mortgage Interest: $40,000
Business Information - Professional Registered Nursing Pool, Inc in Griffin, GA
240 Odell Rd
Griffin, GA 30224
Home Health Care Services
NAICS code 621610
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Griffin
In the Griffin area, 118 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 433) and received an average PPP loan of $37,873 (compared to this company's $1.94M).
Similar Nearby Businesses Who Received PPP Funding:
Absolute Health Care Of GA, Inc
Shepherdcare Hospice LLC
Andrea E Blanton
Industry PPP Comparison Statistics
Nationwide, 91,996 businesses in the "Home Health Care Services" industry received a total of $7.67B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 15 employees, 97% lower than Professional Registered Nursing Pool, Inc's reported 433 employees, and received an average PPP loan of $83,373, 96% lower than this company's loan of $1.94M.
FederalPay's PPP Information Policy
Footnotes & Information
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