PPP Loan Data — St Josephs Villa, Richmond, VA
St Josephs Villa is a non-profit organization located at 8000 Brook Rd in Richmond, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,757,200.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 348 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
St Josephs Villa received a Paycheck Protection Loan of $2.76M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, St Josephs Villa's total 2019 payroll expenses were approximately $13.23M in order to qualify for the PPP loan amount received.
Based on their reported 348 jobs retained, this equals an estimated average yearly compensation of $38,030 per employee1.
Business Information - St Josephs Villa in Richmond, VA
8000 Brook Rd
Richmond, VA 23227
Other Residential Care Facilities (NAICS code 623990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: VA-07
Similar Companies near Richmond
In the Richmond area, 3 businesses in the "Other Residential Care Facilities" industry received a PPP loan. These local businesses reported an average of 122 employees (compared to this company's 348) and received an average PPP loan of $989,700 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Paladin Dermatology LLC
Ridge Place Family Services, LLC
Industry PPP Comparison Statistics
Nationwide, 2,694 businesses in the "Other Residential Care Facilities" industry received a total of $666,350,372.00 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 29 employees, 92% lower than St Josephs Villa's reported 348 employees, and received an average PPP loan of $247,346, 91% lower than this company's loan of $2.76M.
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Footnotes & Information
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