PPP Loan Data — Rural Health Group, Inc., Roanoke Rapids, NC
Rural Health Group, Inc. is a non-profit organization located at 500 Jackson Street in Roanoke Rapids, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,894,500.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST-CITIZENS BANK & TRUST COMPANY
Rural Health Group, Inc. received a Paycheck Protection Loan of $3.89M through FIRST-CITIZENS BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rural Health Group, Inc.'s total 2019 payroll expenses were approximately $18.69M in order to qualify for the PPP loan amount received.
Based on their reported 340 jobs retained, this equals an estimated average yearly compensation of $54,981 per employee1.
Business Information - Rural Health Group, Inc. in Roanoke Rapids, NC
500 Jackson Street
Roanoke Rapids, NC 27870
All Other Outpatient Care Centers (NAICS code 621498)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-01
Industry PPP Comparison Statistics
Nationwide, 5,588 businesses in the "All Other Outpatient Care Centers" industry received a total of $1,142,796,792.00 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 17 employees, 95% lower than Rural Health Group, Inc.'s reported 340 employees, and received an average PPP loan of $204,509, 95% lower than this company's loan of $3.89M.
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Footnotes & Information
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