PPP Loan Data — Theracare Of New York, Inc., Hauppauge, NY
Theracare Of New York, Inc. is a corporation located at 888 Veterans Hwy, Suite 310 in Hauppauge, New York that received a Coronavirus-related PPP loan from the SBA of $7,845,649.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Theracare Of New York, Inc. in Hauppauge, NY received a Paycheck Protection Loan of $7.85M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Theracare Of New York, Inc.'s total 2019 payroll expenses were approximately $37.66M in order to qualify for the PPP loan amount received.
Unlike most businesses, Theracare Of New York, Inc.'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 - Theracare Of New York, Inc. in Hauppauge, NY
888 Veterans Hwy, Suite 310
Hauppauge, NY 11788
Child and Youth Services (NAICS code 624110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-01
Similar Companies near Hauppauge
In the Hauppauge area, 3 businesses in the "Child and Youth Services" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 0) and received an average PPP loan of $2,805,253 (compared to this company's $7.85M).
Similar Nearby Businesses Who Received PPP Funding:
Transitions Counseling Services Lcsw PLLC
Long Island Gay And Lesbain Youth, Inc.
Industry PPP Comparison Statistics
Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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 24 employees, and received an average PPP loan of $191,600, 98% lower than this company's loan of $7.85M.
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Footnotes & Information
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