PPP Loan Data — Union Community Health Center Inc, Bronx, NY
Union Community Health Center Inc
Location: Bronx, NYTweet This • Search All PPP Data
Union Community Health Center Inc is a corporation located at 260 E 188th St in Bronx, New York that received a Coronavirus-related PPP loan from the SBA of $4,993,632.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Union Community Health Center Inc in Bronx, NY received a Paycheck Protection Loan of $4.99M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Union Community Health Center Inc's total 2019 payroll expenses were approximately $23.97M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $76,580 per employee1.
Business Information - Union Community Health Center Inc in Bronx, NY
260 E 188th St
Bronx, NY 10458
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-15
Similar Companies near Bronx
In the Bronx area, 36 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 313) and received an average PPP loan of $204,759 (compared to this company's $4.99M).
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Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 97% lower than Union Community Health Center Inc's reported 313 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.99M.
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