PPP Loan Data — Punxsutawney Area Hospital, Inc, Punxsutawney, PA
Punxsutawney Area Hospital, Inc is a non-profit organization located at 81 Hillcrest Dr in Punxsutawney, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,227,961.00 in April, 2020.
$ PPP Loan Information
Lender:S & T BANK
Punxsutawney Area Hospital, Inc in Punxsutawney, PA received a Paycheck Protection Loan of $4.23M through S & T BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Punxsutawney Area Hospital, Inc's total 2019 payroll expenses were approximately $20.29M in order to qualify for the PPP loan amount received.
Based on their reported 392 jobs retained, this equals an estimated average yearly compensation of $51,771 per employee1.
Business Information - Punxsutawney Area Hospital, Inc in Punxsutawney, PA
81 Hillcrest Dr
Punxsutawney, PA 15767
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-15
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 90% lower than Punxsutawney Area Hospital, Inc's reported 392 employees, and received an average PPP loan of $491,002, 88% lower than this company's loan of $4.23M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!