PPP Loan Data — True Family Care Services LLC, Brooklyn, NY
True Family Care Services LLC is a limited liability company (LLC) located at 117 Church Ave in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $5,111,400.00 in April, 2020.
$ PPP Loan Information
Lender:THE BANK OF GREENE COUNTY
True Family Care Services LLC received a Paycheck Protection Loan of $5.11M through THE BANK OF GREENE COUNTY, which was approved in April, 2020.
Based on standard PPP eligibility rules, True Family Care Services LLC's total 2019 payroll expenses were approximately $24.53M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $49,069 per employee1.
Business Information - True Family Care Services LLC in Brooklyn, NY
117 Church Ave
Brooklyn, NY 11218
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-10
Similar Companies near Brooklyn
In the Brooklyn area, 28 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 250 employees (compared to this company's 500) and received an average PPP loan of $2,547,236 (compared to this company's $5.11M).
Similar Nearby Businesses Who Received PPP Funding:
Astra Home Care Inc
JNJ Home Health Care Inc.
Parkshore Home Health Care LLC
Community Home Care Referral Svc Inc
The Royal Care F I LLC
Kimberly A Johnson
ARI S Brand PT PLLC
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, 93% lower than True Family Care Services LLC's reported 500 employees, and received an average PPP loan of $212,236, 96% lower than this company's loan of $5.11M.
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