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PPP Loan Data — The Handicapped Childrens Association Of New York Inc,
Binghamton, NY
The Handicapped Childrens Association Of New York Inc
Entity: Non-profit Organization
Industry: Offices of Physical, Occupational and Speech Therapists, and Audiologists
Location: Binghamton, NY
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The Handicapped Childrens Association Of New York Inc is a non-profit organization located at 840 Upper Front St in Binghamton, New York that received a Coronavirus-related PPP loan from the SBA of $2,554,700.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-05Lender:
PEOPLES SECURITY BANK AND TRUST COMPANYThe Handicapped Childrens Association Of New York Inc in Binghamton, NY received a Paycheck Protection Loan of $2.55M through PEOPLES SECURITY BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Handicapped Childrens Association Of New York Inc's total 2019 payroll expenses were approximately $12.26M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $49,050 per employee1.
Business Information - The Handicapped Childrens Association Of New York Inc in Binghamton, NY
840 Upper Front St
Binghamton, NY 13905
Business Industry
Offices of Physical, Occupational and Speech Therapists, and Audiologists (NAICS code 621340)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-22Similar Companies near Binghamton
In the Binghamton area, 4 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 67 employees (compared to this company's 250) and received an average PPP loan of $676,133 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
Stable Movements
Binghamton, NY
Southern Tier Physical Therapy Of Binghamton, PC
Binghamton, NY
Lawson's Hearing Center
Binghamton, NY
Industry PPP Comparison Statistics
Nationwide, 21,136 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $1,682,147,868.00 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 8 employees, 97% lower than The Handicapped Childrens Association Of New York Inc's reported 250 employees, and received an average PPP loan of $79,587, 97% lower than this company's loan of $2.55M.
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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