PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Rejha Group LLC, Albany, NY

ALERT: There are 2 PPP loans for a total of $3.15M in our database for businesses with the name "Rejha Group LLC" in Albany, NY. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Rejha Group LLC
NY

Rejha Group LLC

Entity: Limited Liability Company (LLC)

Industry: Ambulance Services

Location: Albany, NY

Search All PPP Data

Rejha Group LLC is a limited liability company (LLC) located at 23 Railroad Ave in Albany, New York that received a Coronavirus-related PPP loan from the SBA of $1,574,150.00 in February, 2021.

The company has reported itself as a female owned business, and employed at least 198 people during the applicable loan loan period.

$ PPP Loan Information
Loan #2950198407

Loan Size:

$1.57M

Jobs Retained:

198

Loan Approved:

2021-02-04

Loan Status:

Ongoing Loan

Lender:

Community Bank, National Association

Rejha Group LLC in Albany, NY received a Paycheck Protection Loan of $1.57M through Community Bank, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Rejha Group LLC's 2019 payroll expenses are estimated to be at least $7.56M.

Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $38,161 per employee1

Reported PPP Proceed Usage:

On the PPP application, Rejha Group LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,574,147
  • Utilities: $1

Business Information - Rejha Group LLC in Albany, NY

Rejha Group LLC
23 Railroad Ave
Albany, NY 12205

Business Industry:
Ambulance Services
NAICS code 621910

Business Owner Demographics

Race: Unreported

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Albany County, NY — SBA Office 0248 — Congressional District: NY-20

Industry PPP Comparison Statistics

Nationwide, 3,341 businesses in the "Ambulance Services" industry received a total of $860.13M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 36 employees, 82% lower than Rejha Group LLC's reported 198 employees, and received an average PPP loan of $257,448, 84% lower than this company's loan of $1.57M.

SBA PPP loan data, payroll data, and salaries for Rejha Group, LLC
NY

Rejha Group, LLC

Entity: Limited Liability Company (LLC)

Industry: Ambulance Services

Location: Albany, NY

Search All PPP Data

Rejha Group, LLC is a limited liability company (LLC) located at 23 Railroad Avenue in Albany, New York that received a Coronavirus-related PPP loan from the SBA of $1,580,222.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 242 people during the applicable loan loan period.

$ PPP Loan Information
Loan #5413387200

Loan Size:

$1.58M

Jobs Retained:

242

Loan Approved:

2020-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

Community Bank, National Association

Rejha Group, LLC in Albany, NY received a Paycheck Protection Loan of $1.58M through Community Bank, National Association, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Rejha Group, LLC's 2019 payroll expenses are estimated to be at least $7.59M.

Based on their reported 242 jobs retained, this equals an estimated average yearly compensation of $31,343 per employee1

Reported PPP Proceed Usage:

On the PPP application, Rejha Group, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,580,222

Business Information - Rejha Group, LLC in Albany, NY

Rejha Group, LLC
23 Railroad Avenue
Albany, NY 12205

Business Industry:
Ambulance Services
NAICS code 621910

Business Owner Demographics

Race: Unreported

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Albany County, NY — SBA Office 0248 — Congressional District: NY-20

Industry PPP Comparison Statistics

Nationwide, 3,341 businesses in the "Ambulance Services" industry received a total of $860.13M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 36 employees, 85% lower than Rejha Group, LLC's reported 242 employees, and received an average PPP loan of $257,448, 84% lower than this company's loan of $1.58M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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Source: www.federalpay.org/paycheck-protection-program/rejha-group-llc-albany-ny