PPP Loan Data — Rehab Medical Inc, Indianapolis, IN
Rehab Medical Inc
Entity: Subchapter S Corporation
Location: Indianapolis, INTweet This • Search All PPP Data
Rehab Medical Inc is a subchapter s corporation located at 6365 Castleplace Dr in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,827,600.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Rehab Medical Inc in Indianapolis, IN received a Paycheck Protection Loan of $4.83M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rehab Medical Inc's total 2019 payroll expenses were approximately $23.17M in order to qualify for the PPP loan amount received.
Based on their reported 396 jobs retained, this equals an estimated average yearly compensation of $58,516 per employee1.
Business Information - Rehab Medical Inc in Indianapolis, IN
6365 Castleplace Dr
Indianapolis, IN 46250
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (NAICS code 423450)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-05
Similar Companies near Indianapolis
In the Indianapolis area, 3 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 137 employees (compared to this company's 396) and received an average PPP loan of $1,663,971 (compared to this company's $4.83M).
Similar Nearby Businesses Who Received PPP Funding:
Mark R Stevenson, DDS, PC
Tech Surgical Inc
Industry PPP Comparison Statistics
Nationwide, 8,635 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a total of $1,055,539,669.00 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 9 employees, 98% lower than Rehab Medical Inc's reported 396 employees, and received an average PPP loan of $122,240, 97% lower than this company's loan of $4.83M.
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