PPP Loan Data — Sioux Valley Memorial Hospital Association, Cherokee, IA
Sioux Valley Memorial Hospital Association is a non-profit organization located at 300 Sioux Valley Dr in Cherokee, Iowa that received a Coronavirus-related PPP loan from the SBA of $3,336,700.00 in April, 2020.
$ PPP Loan Information
Sioux Valley Memorial Hospital Association in Cherokee, IA received a Paycheck Protection Loan of $3.34M through CENTRAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sioux Valley Memorial Hospital Association's total 2019 payroll expenses were approximately $16.02M in order to qualify for the PPP loan amount received.
Based on their reported 247 jobs retained, this equals an estimated average yearly compensation of $64,843 per employee1.
Business Information - Sioux Valley Memorial Hospital Association in Cherokee, IA
300 Sioux Valley Dr
Cherokee, IA 51012
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IA-04
Similar Companies near Cherokee
In the Cherokee area, 2 businesses in the "General Medical and Surgical Hospitals" industry received a PPP loan. These local businesses reported an average of 128 employees (compared to this company's 247) and received an average PPP loan of $1,697,400 (compared to this company's $3.34M).
Similar Nearby Businesses Who Received PPP Funding:
Christopher J Vandelune, DO PC
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 84% lower than Sioux Valley Memorial Hospital Association's reported 247 employees, and received an average PPP loan of $491,002, 85% lower than this company's loan of $3.34M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!