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PPP Loan Data — Valley Family Health Care, Inc., Payette, ID

SBA PPP loan data, payroll data, and salaries for Valley Family Health Care, Inc.
ID Nonprofit Organization

Valley Family Health Care, Inc.

Entity: Non-profit Organization

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Payette, ID

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Valley Family Health Care, Inc. is a non-profit organization located at 1441 N.e. 10th Ave in Payette, Idaho that received a Coronavirus-related PPP loan from the SBA of $3,004,010.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3M

Jobs Retained:

245

Loan Approved:

2020-04-11

Lender:

KEYBANK NATIONAL ASSOCIATION

Valley Family Health Care, Inc. received a Paycheck Protection Loan of $3M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Valley Family Health Care, Inc.'s total 2019 payroll expenses were approximately $14.42M 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 $58,854 per employee1.

Because the loan received by Valley Family Health Care, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Valley Family Health Care, Inc. in Payette, ID

Valley Family Health Care, Inc.
1441 N.e. 10th Ave
Payette, ID 83661

Business Industry

Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: ID-01

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, 96% lower than Valley Family Health Care, Inc.'s reported 245 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $3M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/valley-family-health-care-inc-payette-id