PPP Loan Data — Regency Health Care Inc., Brooklyn, NY
Regency Health Care Inc. is a corporation located at 728 5th Ave # 728 in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $3,940,000.00 in May, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Regency Health Care Inc. received a Paycheck Protection Loan of $3.94M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Regency Health Care Inc.'s total 2019 payroll expenses were approximately $18.91M 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 $39,400 per employee1.
Business Information - Regency Health Care Inc. in Brooklyn, NY
728 5th Ave # 728
Brooklyn, NY 11232
Unknown (NAICS code 0)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-07
Similar Companies near Brooklyn
In the Brooklyn area, 2,669 businesses in the "Unknown" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 480) and received an average PPP loan of $123,125 (compared to this company's $3.94M).
Similar Nearby Businesses Who Received PPP Funding:
JST Purchasing Corp
Jean Fleurime Mgmt, LLC-Sba Small 7A Term
Williamsburg Trucking Co
Strange Pilgrim, LLC
Alexander P White
Evro Aluminum Design & Storefront Corp.
Chief Marketing Partners, LLC
Howortherapy Lcsw PC
CS Scott Enterprises Corp.
Industry PPP Comparison Statistics
Nationwide, 5,156,850 businesses in the "Unknown" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 98% lower than Regency Health Care Inc.'s reported 480 employees, and received an average PPP loan of $101,409, 97% lower than this company's loan of $3.94M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!