PPP Loan Data — United Hospital District Inc, Blue Earth, MN
United Hospital District Inc is a corporation located at 515 S Moore St in Blue Earth, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,797,847.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST BANK BLUE EARTH
United Hospital District Inc in Blue Earth, MN received a Paycheck Protection Loan of $2.8M through FIRST BANK BLUE EARTH, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Hospital District Inc's total 2019 payroll expenses were approximately $13.43M in order to qualify for the PPP loan amount received.
Based on their reported 245 jobs retained, this equals an estimated average yearly compensation of $54,815 per employee1.
Business Information - United Hospital District Inc in Blue Earth, MN
515 S Moore St
Blue Earth, MN 56013
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-01
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, 84% lower than United Hospital District Inc's reported 245 employees, and received an average PPP loan of $491,002, 82% lower than this company's loan of $2.8M.
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