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PPP Loan Data — Sunshine Inc. Residential And Support Services,
Maumee, OH
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:
Jobs Retained:
424Loan Approved:
2020-06-05Lender:
SIGNATURE BANK, NATIONAL ASSOCIATIONSunshine 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.
Business Information - Sunshine Inc. Residential And Support Services in Maumee, OH
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-05Industry 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.
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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