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PPP Loan Data — Shawnee Health Services & Development Corp., Carterville, IL

SBA PPP loan data, payroll data, and salaries for Shawnee Health Services & Development Corp.
IL

Shawnee Health Services & Development Corp.

Entity: Corporation

Industry: All Other Miscellaneous Ambulatory Health Care Services

Location: Carterville, IL

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Shawnee Health Services & Development Corp. is a corporation located at 109 California St in Carterville, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,904,625.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.9M

Jobs Retained:

361

Loan Approved:

2020-04-09

Lender:

BANTERRA BANK

Shawnee Health Services & Development Corp. received a Paycheck Protection Loan of $3.9M through BANTERRA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Shawnee Health Services & Development Corp.'s total 2019 payroll expenses were approximately $18.74M in order to qualify for the PPP loan amount received.

Based on their reported 361 jobs retained, this equals an estimated average yearly compensation of $51,917 per employee1.

Because the loan received by Shawnee Health Services & Development Corp. 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 - Shawnee Health Services & Development Corp. in Carterville, IL

Shawnee Health Services & Development Corp.
109 California St
Carterville, IL 62918

Business Industry

All Other Miscellaneous Ambulatory Health Care Services (NAICS code 621999)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-12

Similar Companies near Carterville

In the Carterville area, 2 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 182 employees (compared to this company's 361) and received an average PPP loan of $1,953,150 (compared to this company's $3.9M).

Similar Nearby Businesses Who Received PPP Funding:

Peak LLC
Carterville, IL

$1,675 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 13,305 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1,358,409,224.00 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 11 employees, 97% lower than Shawnee Health Services & Development Corp.'s reported 361 employees, and received an average PPP loan of $102,098, 97% lower than this company's loan of $3.9M.

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/shawnee-health-services-and-development-corp-carterville-il