PPP Loan Data — Unique Carestaffing LLC, Allen, TX
Unique Carestaffing LLC is a corporation located at 1012 Hidden Creek Dr in Allen, Texas that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Unique Carestaffing LLC in Allen, TX received a Paycheck Protection Loan of $25,000 through Bank of America, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Unique Carestaffing LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 21 jobs retained, this equals an estimated average yearly compensation of $5,714 per employee1
Reported PPP Proceed Usage:
On the PPP application, Unique Carestaffing LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Unique Carestaffing LLC in Allen, TX
1012 Hidden Creek Dr
Allen, TX 75002
Home Health Care Services
NAICS code 621610
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Allen
In the Allen area, 24 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 21) and received an average PPP loan of $73,762 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Home Medical Care Inc
First Class Caregivers Inc
Bledkob Home Health Agency Inc
Deguardian Health Agency Inc
Prestige-Plus Health Services Inc
Meridian Health Services LLC
Industry PPP Comparison Statistics
Nationwide, 91,996 businesses in the "Home Health Care Services" industry received a total of $7.67B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 15 employees, 29% lower than Unique Carestaffing LLC's reported 21 employees, and received an average PPP loan of $83,373, 233% higher than this company's loan of $25,000.
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Footnotes & Information
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