PPP Loan Data — The Highlands At Wyomissing, Reading, PA
The Highlands At Wyomissing is a corporation located at 2000 Cambridge Ave in Reading, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,451,200.00 in April, 2020.
$ PPP Loan Information
Lender:FULTON BANK, NATIONAL ASSOCIATION
The Highlands At Wyomissing received a Paycheck Protection Loan of $2.45M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Highlands At Wyomissing's total 2019 payroll expenses were approximately $11.77M in order to qualify for the PPP loan amount received.
Based on their reported 370 jobs retained, this equals an estimated average yearly compensation of $31,799 per employee1.
Business Information - The Highlands At Wyomissing in Reading, PA
2000 Cambridge Ave
Reading, PA 19610
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-06
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 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 69 employees, 81% lower than The Highlands At Wyomissing's reported 370 employees, and received an average PPP loan of $576,319, 76% lower than this company's loan of $2.45M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!