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PPP Loan Data — Sunshine Inc. Residential And Support Services, Maumee, OH

SBA PPP loan data, payroll data, and salaries for Sunshine Inc. Residential And Support Services
OH Nonprofit Organization

Sunshine Inc. Residential And Support Services

Entity: Non-profit Organization

Industry: Residential Intellectual and Developmental Disability Facilities

Location: Maumee, OH

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Sunshine Inc. Residential And Support Services is a non-profit organization located at 7223 Maumee Western Rd in Maumee, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,643,400.00 in June, 2020.

$ PPP Loan Information

Loan Size:

$3.64M

Jobs Retained:

424

Loan Approved:

2020-06-05

Lender:

SIGNATURE BANK, NATIONAL ASSOCIATION

Sunshine Inc. Residential And Support Services in Maumee, OH received a Paycheck Protection Loan of $3.64M through SIGNATURE BANK, NATIONAL ASSOCIATION, which was approved in June, 2020.

Based on standard PPP eligibility rules, Sunshine Inc. Residential And Support Services' total 2019 payroll expenses were approximately $17.49M in order to qualify for the PPP loan amount received.

Based on their reported 424 jobs retained, this equals an estimated average yearly compensation of $41,246 per employee1.

Because the loan received by Sunshine Inc. Residential And Support Services 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 - Sunshine Inc. Residential And Support Services in Maumee, OH

Sunshine Inc. Residential And Support Services
7223 Maumee Western Rd
Maumee, OH 43537

Business Industry

Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-05

Industry PPP Comparison Statistics

Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 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 61 employees, 86% lower than Sunshine Inc. Residential And Support Services' reported 424 employees, and received an average PPP loan of $471,460, 87% lower than this company's loan of $3.64M.

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, and is published unmodified, as provided by the SBA.

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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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/sunshine-inc-residential-and-support-services-maumee-oh