PPP Loan Data — The New Fulton Commons Co, LLC, East Meadow, NY
The New Fulton Commons Co, LLC
Entity: Limited Liability Company (LLC)
Location: East Meadow, NYTweet This • Search All PPP Data
The New Fulton Commons Co, LLC is a limited liability company (LLC) located at 60 Merrick Ave in East Meadow, New York that received a Coronavirus-related PPP loan from the SBA of $4,233,600.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
The New Fulton Commons Co, LLC received a Paycheck Protection Loan of $4.23M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The New Fulton Commons Co, LLC's total 2019 payroll expenses were approximately $20.32M in order to qualify for the PPP loan amount received.
Unlike most businesses, The New Fulton Commons Co, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - The New Fulton Commons Co, LLC in East Meadow, NY
60 Merrick Ave
East Meadow, NY 11554
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-04
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, and received an average PPP loan of $557,944, 87% lower than this company's loan of $4.23M.
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