FederalPay.org
PPP Loan Data — Stephens County Hospital Authority,
Toccoa, GA
Stephens County Hospital Authority
Entity: Non-profit Organization
Industry: General Medical and Surgical Hospitals
Location: Toccoa, GA
Tweet This
•
Search All PPP Data
Stephens County Hospital Authority is a non-profit organization located at 163 Hospital Dr in Toccoa, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,643,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
480Loan Approved:
2020-04-10Lender:
UNITED COMMUNITY BANKStephens County Hospital Authority received a Paycheck Protection Loan of $4.64M through UNITED COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Stephens County Hospital Authority's total 2019 payroll expenses were approximately $22.29M in order to qualify for the PPP loan amount received.
Based on their reported 480 jobs retained, this equals an estimated average yearly compensation of $46,434 per employee1.
Business Information - Stephens County Hospital Authority in Toccoa, GA
163 Hospital Dr
Toccoa, GA 30577
Business Industry
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-09Industry 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, 92% lower than Stephens County Hospital Authority's reported 480 employees, and received an average PPP loan of $491,002, 89% lower than this company's loan of $4.64M.
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.
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 FederalPay.org's open data tools been valuable? Consider donating!