PPP Loan Data — The Village At Rockville Inc, Rockville, MD
The Village At Rockville Inc is a non-profit organization located at 9701 Veirs Dr in Rockville, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,293,200.00 in April, 2020.
$ PPP Loan Information
The Village At Rockville Inc in Rockville, MD received a Paycheck Protection Loan of $3.29M through FIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Village At Rockville Inc's total 2019 payroll expenses were approximately $15.81M in order to qualify for the PPP loan amount received.
Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $56,455 per employee1.
Business Information - The Village At Rockville Inc in Rockville, MD
9701 Veirs Dr
Rockville, MD 20850
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-08
Similar Companies near Rockville
In the Rockville area, 4 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 212 employees (compared to this company's 280) and received an average PPP loan of $2,232,050 (compared to this company's $3.29M).
Similar Nearby Businesses Who Received PPP Funding:
Westminster Ingleside King Farm Presbyterian Retirement Comm
Mypotential Clinic Rockville LLC
A Plus Adult Medical Day Care Center Corporation
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, 75% lower than The Village At Rockville Inc's reported 280 employees, and received an average PPP loan of $576,319, 82% lower than this company's loan of $3.29M.
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Footnotes & Information
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