PPP Loan Data — The Bibb County Health Care Authority, Centreville, AL
The Bibb County Health Care Authority
Entity: Non-profit Organization
Location: Centreville, ALTweet This • Search All PPP Data
The Bibb County Health Care Authority is a non-profit organization located at 208 Pierson Ave in Centreville, Alabama that received a Coronavirus-related PPP loan from the SBA of $1,779,230.00 in April, 2020.
The company has reported itself as a White female owned non-profit, and employed at least 235 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Trustmark National Bank
The Bibb County Health Care Authority in Centreville, AL received a Paycheck Protection Loan of $1.78M through Trustmark National Bank, 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 January, 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, The Bibb County Health Care Authority's 2019 payroll expenses are estimated to be at least $8.54M.
Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $36,342 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Bibb County Health Care Authority reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,779,230
Business Information - The Bibb County Health Care Authority in Centreville, AL
208 Pierson Ave
Centreville, AL 35042
Nursing Care Facilities (Skilled Nursing Facilities)
NAICS code 623110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 15,360 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $6.8B 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 60 employees, 74% lower than The Bibb County Health Care Authority's reported 235 employees, and received an average PPP loan of $442,944, 75% lower than this company's loan of $1.78M.
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Footnotes & Information
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