PPP Loan Data — The Van Wert County Hospital Asspciation, Van Wert, OH
The Van Wert County Hospital Asspciation is a non-profit organization located at 1250 S. Washington St. in Van Wert, Ohio that received a Coronavirus-related PPP loan from the SBA of $5,044,800.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST FINANCIAL BANK
The Van Wert County Hospital Asspciation received a Paycheck Protection Loan of $5.04M through FIRST FINANCIAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Van Wert County Hospital Asspciation's total 2019 payroll expenses were approximately $24.22M in order to qualify for the PPP loan amount received.
Based on their reported 485 jobs retained, this equals an estimated average yearly compensation of $49,928 per employee1.
Business Information - The Van Wert County Hospital Asspciation in Van Wert, OH
1250 S. Washington St.
Van Wert, OH 45891
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-05
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, 92% lower than The Van Wert County Hospital Asspciation's reported 485 employees, and received an average PPP loan of $491,002, 90% lower than this company's loan of $5.04M.
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Footnotes & Information
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