PPP Loan Data — Tyrone Hospital, Tyrone, PA
Tyrone Hospital is a non-profit organization located at 187 Hospital Drive in Tyrone, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,437,506.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Tyrone Hospital in Tyrone, PA received a Paycheck Protection Loan of $2.44M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tyrone Hospital's total 2019 payroll expenses were approximately $11.7M in order to qualify for the PPP loan amount received.
Based on their reported 201 jobs retained, this equals an estimated average yearly compensation of $58,209 per employee1.
Business Information - Tyrone Hospital in Tyrone, PA
187 Hospital Drive
Tyrone, PA 16686
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-13
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, 80% lower than Tyrone Hospital's reported 201 employees, and received an average PPP loan of $491,002, 80% lower than this company's loan of $2.44M.
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Footnotes & Information
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