PPP Loan Data — Rayim Of Hudson Valley, Inc., Monroe, NY
Rayim Of Hudson Valley, Inc.
Entity: Non-profit Organization
Location: Monroe, NYTweet This • Search All PPP Data
Rayim Of Hudson Valley, Inc. is a non-profit organization located at 2 Van Buren Dr in Monroe, New York that received a Coronavirus-related PPP loan from the SBA of $3,506,300.00 in May, 2020.
$ PPP Loan Information
Rayim Of Hudson Valley, Inc. received a Paycheck Protection Loan of $3.51M through LEGACY BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Rayim Of Hudson Valley, Inc.'s total 2019 payroll expenses were approximately $16.83M 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 $33,660 per employee1.
Business Information - Rayim Of Hudson Valley, Inc. in Monroe, NY
2 Van Buren Dr
Monroe, NY 10950
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-18
Similar Companies near Monroe
In the Monroe area, 3 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 215 employees (compared to this company's 500) and received an average PPP loan of $1,524,690 (compared to this company's $3.51M).
Similar Nearby Businesses Who Received PPP Funding:
Chemlu Developmental Disability Center Inc.
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 32 employees, 94% lower than Rayim Of Hudson Valley, Inc.'s reported 500 employees, and received an average PPP loan of $217,933, 94% lower than this company's loan of $3.51M.
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Footnotes & Information
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