PPP Loan Data — Queens Homecare Agency Inc., New York, NY
Queens Homecare Agency Inc. is a corporation located at 2 East Broadway 801/802 in New York, New York that received a Coronavirus-related PPP loan from the SBA of $4,015,000.00 in July, 2020.
$ PPP Loan Information
Queens Homecare Agency Inc. received a Paycheck Protection Loan of $4.02M through FLUSHING BANK, which was approved in July, 2020.
Based on standard PPP eligibility rules, Queens Homecare Agency Inc.'s total 2019 payroll expenses were approximately $19.27M in order to qualify for the PPP loan amount received.
Based on their reported 480 jobs retained, this equals an estimated average yearly compensation of $40,150 per employee1.
Business Information - Queens Homecare Agency Inc. in New York, NY
2 East Broadway 801/802
New York, NY 10038
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-10
Similar Companies near New York
In the New York area, 4 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 130 employees (compared to this company's 480) and received an average PPP loan of $1,160,000 (compared to this company's $4.02M).
Similar Nearby Businesses Who Received PPP Funding:
Square One Management Associates, LLC
New York, NY
Carepark Home Care LLC
Rejuvenate Body And Healing
New York, NY
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 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 34 employees, 93% lower than Queens Homecare Agency Inc.'s reported 480 employees, and received an average PPP loan of $212,236, 95% lower than this company's loan of $4.02M.
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Footnotes & Information
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