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

PPP Loan Data — Santa Anita Convalescent Hospital & Retirement Center, Inc., Sherman Oaks, CA

SBA PPP loan data, payroll data, and salaries for Santa Anita Convalescent Hospital & Retirement Center, Inc.
CA

Santa Anita Convalescent Hospital & Retirement Center, Inc.

Entity: Corporation

Industry: Nursing Care Facilities (Skilled Nursing Facilities)

Location: Sherman Oaks, CA

Search All PPP Data

Santa Anita Convalescent Hospital & Retirement Center, Inc. is a corporation located at 13347 Ventura Blvd in Sherman Oaks, California that received a Coronavirus-related PPP loan from the SBA of $4,082,109.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.08M

Jobs Retained:

491

Loan Approved:

2020-04-28

Lender:

PACIFIC PREMIER BANK

Santa Anita Convalescent Hospital & Retirement Center, Inc. in Sherman Oaks, CA received a Paycheck Protection Loan of $4.08M through PACIFIC PREMIER BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Santa Anita Convalescent Hospital & Retirement Center, Inc.'s total 2019 payroll expenses were approximately $19.59M in order to qualify for the PPP loan amount received.

Based on their reported 491 jobs retained, this equals an estimated average yearly compensation of $39,907 per employee1.

Because the loan received by Santa Anita Convalescent Hospital & Retirement Center, 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 - Santa Anita Convalescent Hospital & Retirement Center, Inc. in Sherman Oaks, CA

Santa Anita Convalescent Hospital & Retirement Center, Inc.
13347 Ventura Blvd
Sherman Oaks, CA 91423

Business Industry

Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-30

Similar Companies near Sherman Oaks

In the Sherman Oaks area, 6 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 190 employees (compared to this company's 491) and received an average PPP loan of $1,568,048 (compared to this company's $4.08M).

Industry PPP Comparison Statistics

Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 66 employees, 87% lower than Santa Anita Convalescent Hospital & Retirement Center, Inc.'s reported 491 employees, and received an average PPP loan of $557,944, 86% lower than this company's loan of $4.08M.

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, 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/santa-anita-convalescent-hospital-and-retirement-center-inc-sherman-oaks-ca