PPP Loan Data — The Julia Rackley Perry Memorial Hospital, Princeton, IL
The Julia Rackley Perry Memorial Hospital is a non-profit organization located at 530 Park Ave E in Princeton, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,424,500.00 in April, 2020.
The company has reported itself as a White female owned non-profit, and employed at least 350 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CENTRAL BANK ILLINOIS
The Julia Rackley Perry Memorial Hospital in Princeton, IL received a Paycheck Protection Loan of $4.42M through CENTRAL BANK ILLINOIS, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Julia Rackley Perry Memorial Hospital's total 2019 payroll expenses were approximately $21.24M in order to qualify for the PPP loan amount received.
Based on their reported 350 jobs retained, this equals an estimated average yearly compensation of $60,679 per employee1.
Business Information - The Julia Rackley Perry Memorial Hospital in Princeton, IL
530 Park Ave E
Princeton, IL 61356
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: IL-16
Similar Companies near Princeton
In the Princeton area, 2 businesses in the "General Medical and Surgical Hospitals" industry received a PPP loan. These local businesses reported an average of 186 employees (compared to this company's 350) and received an average PPP loan of $2,376,500 (compared to this company's $4.42M).
Similar Nearby Businesses Who Received PPP Funding:
The Illinois Critical Access Hospital Network
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 40 employees, 89% lower than The Julia Rackley Perry Memorial Hospital's reported 350 employees, and received an average PPP loan of $491,002, 89% lower than this company's loan of $4.42M.
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Footnotes & Information
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