PPP Loan Data — Totalcare Comprehensive Home Health Supply, LTD, Tyler, TX
Totalcare Comprehensive Home Health Supply, LTD is a partnership located at 401 E. Front St, Suite 124 in Tyler, Texas that received a Coronavirus-related PPP loan from the SBA of $289,171.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 25 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TEXAS BANK AND TRUST COMPANY
Totalcare Comprehensive Home Health Supply, LTD received a Paycheck Protection Loan of $289,171 through TEXAS BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Totalcare Comprehensive Home Health Supply, LTD's total 2019 payroll expenses were approximately $1.39M in order to qualify for the PPP loan amount received.
Based on their reported 25 jobs retained, this equals an estimated average yearly compensation of $55,521 per employee1.
Business Information - Totalcare Comprehensive Home Health Supply, LTD in Tyler, TX
401 E. Front St, Suite 124
Tyler, TX 75702
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-01
Similar Companies near Tyler
In the Tyler area, 22 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 74 employees (compared to this company's 25) and received an average PPP loan of $470,410 (compared to this company's $289,171).
Similar Nearby Businesses Who Received PPP Funding:
Phcs IV Inc
Paradigm Rehab & Healthcare, LLC
Paradigm Rehab & Nursing, LP
Infucare GP, Inc
MVP Pediatric Home Health Corp
Amerimed Home Equipment LLC
Unicare Home Health Services Of Tyler
Paradigm Health LLC
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 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 34 employees, 36% higher than Totalcare Comprehensive Home Health Supply, LTD's reported 25 employees, and received an average PPP loan of $212,236, 27% lower than this company's loan of $289,171.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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