PPP Loan Data — Pyramid Healthcare, Inc., Altoona, PA
Pyramid Healthcare, Inc.
Location: Altoona, PATweet This • Search All PPP Data
Pyramid Healthcare, Inc. is a corporation located at 270 Lakemont Park Blvd in Altoona, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Pyramid Healthcare, Inc. received a Paycheck Protection Loan of $10M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pyramid Healthcare, Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Pyramid Healthcare, Inc. in Altoona, PA
270 Lakemont Park Blvd
Altoona, PA 16602
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-13
Similar Companies near Altoona
In the Altoona area, 4 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 126 employees (compared to this company's 500) and received an average PPP loan of $2,515,850 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
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Industry PPP Comparison Statistics
Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Pyramid Healthcare, Inc.'s reported 500 employees, and received an average PPP loan of $52,032, 99% lower than this company's loan of $10M.
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