PPP Loan Data — St Jude Rehab Inc, Carson, CA
St Jude Rehab Inc is a corporation located at 329 E 222nd St in Carson, California that received a Coronavirus-related PPP loan from the SBA of $47,160.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
St Jude Rehab Inc in Carson, CA received a Paycheck Protection Loan of $47,160 through Bank of America, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, St Jude Rehab Inc's 2019 payroll expenses are estimated to be at least $226,368.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $18,864 per employee1
Reported PPP Proceed Usage:
On the PPP application, St Jude Rehab Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,160
Business Information - St Jude Rehab Inc in Carson, CA
329 E 222nd St
Carson, CA 90745
Home Health Care Services
NAICS code 621610
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Carson
In the Carson area, 99 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 12) and received an average PPP loan of $24,820 (compared to this company's $47,160).
Similar Nearby Businesses Who Received PPP Funding:
Amazing Paradise Home Care Inc
Dominque Hatchett Jr
Industry PPP Comparison Statistics
Nationwide, 91,996 businesses in the "Home Health Care Services" industry received a total of $7.67B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 15 employees, 25% higher than St Jude Rehab Inc's reported 12 employees, and received an average PPP loan of $83,373, 77% higher than this company's loan of $47,160.
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Footnotes & Information
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