PPP Loan Data — Providence Rest, Bronx, NY
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Providence Rest is a corporation located at 3304 Waterbury Avenue in Bronx, New York that received a Coronavirus-related PPP loan from the SBA of $2,522,100.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:STERLING NATIONAL BANK
Providence Rest in Bronx, NY received a Paycheck Protection Loan of $2.52M through STERLING NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Providence Rest's total 2019 payroll expenses were approximately $12.11M in order to qualify for the PPP loan amount received.
Unlike most businesses, Providence Rest'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 - Providence Rest in Bronx, NY
3304 Waterbury Avenue
Bronx, NY 10465
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-14
Similar Companies near Bronx
In the Bronx area, 3 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 0) and received an average PPP loan of $1,691,238 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
Core Health Medical PC
Split Rock Rehabilitation And Health
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 66 employees, and received an average PPP loan of $557,944, 78% lower than this company's loan of $2.52M.
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Footnotes & Information
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