PPP Loan Data — St Marks Brooklyn Assoc LLC, Brooklyn, NY
St Marks Brooklyn Assoc LLC
Entity: Limited Liability Company (LLC)
Location: Brooklyn, NYTweet This • Search All PPP Data
St Marks Brooklyn Assoc LLC is a limited liability company (LLC) located at 810 St Marks Ave in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,732,050.00 in May, 2020.
$ PPP Loan Information
Lender:VALLEY NATIONAL BANK
St Marks Brooklyn Assoc LLC received a Paycheck Protection Loan of $2.73M through VALLEY NATIONAL BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, St Marks Brooklyn Assoc LLC's total 2019 payroll expenses were approximately $13.11M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $41,897 per employee1.
Business Information - St Marks Brooklyn Assoc LLC in Brooklyn, NY
810 St Marks Ave
Brooklyn, NY 11213
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-09
Similar Companies near Brooklyn
In the Brooklyn area, 7 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 139 employees (compared to this company's 313) and received an average PPP loan of $1,224,466 (compared to this company's $2.73M).
Similar Nearby Businesses Who Received PPP Funding:
Love And Joy Senior Day Care, Inc
A Plus Adult Day Care Inc
Haym Salomon Home For The Aged LLC
Enriched Adult Day Care Services, Inc.
Enriched Home Care Agency, Inc.
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, 79% lower than St Marks Brooklyn Assoc LLC's reported 313 employees, and received an average PPP loan of $557,944, 80% lower than this company's loan of $2.73M.
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