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PPP Loan Data — Rockaway Home Attendant Services Inc, Far Rockaway Nyc,, NY

SBA PPP loan data, payroll data, and salaries for Rockaway Home Attendant Services Inc
NY Nonprofit Organization

Rockaway Home Attendant Services Inc

Entity: Non-profit Organization

Industry: All Other Health and Personal Care Stores

Location: Far Rockaway Nyc,, NY

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Rockaway Home Attendant Services Inc is a non-profit organization located at 1603 Central Ave Ste 200, Far Rockaway in Far Rockaway Nyc,, New York that received a Coronavirus-related PPP loan from the SBA of $5,515,729.00 in June, 2020.

$ PPP Loan Information

Loan Size:

$5.52M

Jobs Retained:

0 Unreported

Loan Approved:

2020-06-23

Lender:

CAPITAL ONE, NATIONAL ASSOCIATION

Rockaway Home Attendant Services Inc received a Paycheck Protection Loan of $5.52M through CAPITAL ONE, NATIONAL ASSOCIATION, which was approved in June, 2020.

Based on standard PPP eligibility rules, Rockaway Home Attendant Services Inc's total 2019 payroll expenses were approximately $26.48M in order to qualify for the PPP loan amount received.

Unlike most businesses, Rockaway Home Attendant Services Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Rockaway Home Attendant Services Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Rockaway Home Attendant Services Inc in Far Rockaway Nyc,, NY

Rockaway Home Attendant Services Inc
1603 Central Ave Ste 200, Far Rockaway
Far Rockaway Nyc,, NY 11691

Business Industry

All Other Health and Personal Care Stores (NAICS code 446199)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-05

Industry PPP Comparison Statistics

Nationwide, 5,159 businesses in the "All Other Health and Personal Care Stores" industry received a total of $342,344,081.00 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 7 employees, and received an average PPP loan of $66,359, 99% lower than this company's loan of $5.52M.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/rockaway-home-attendant-services-inc-far-rockaway-nyc-ny