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

PPP Loan Data — Solaris Healthcare, Inc, Decatur, TX

SBA PPP loan data, payroll data, and salaries for Solaris Healthcare, Inc

Solaris Healthcare, Inc

Entity: Subchapter S Corporation

Industry: Home Health Care Services

Location: Decatur, TX

Search All PPP Data

Solaris Healthcare, Inc is a subchapter s corporation located at 2250 S Fm 51 in Decatur, Texas that received a Coronavirus-related PPP loan from the SBA of $4,014,200.00 in April, 2020.

The company has reported itself as a White owned business, and employed at least 386 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Solaris Healthcare, Inc received a Paycheck Protection Loan of $4.01M through FIRST STATE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Solaris Healthcare, Inc's total 2019 payroll expenses were approximately $19.27M in order to qualify for the PPP loan amount received.

Based on their reported 386 jobs retained, this equals an estimated average yearly compensation of $49,918 per employee1.

Because the loan received by Solaris Healthcare, 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 - Solaris Healthcare, Inc in Decatur, TX

Solaris Healthcare, Inc
2250 S Fm 51
Decatur, TX 76234

Business Industry

Home Health Care Services (NAICS code 621610)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-12

Industry PPP Comparison Statistics

Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 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 34 employees, 91% lower than Solaris Healthcare, Inc's reported 386 employees, and received an average PPP loan of $212,236, 95% lower than this company's loan of $4.01M.

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.

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

** This Document Provided By - The Civil Employee's Resource **