PPP Loan Data — Valley Oaks Health, Inc., Lafayette, IN
Valley Oaks Health, Inc. is a corporation located at 415 North 26th St in Lafayette, Indiana that received a Coronavirus-related PPP loan from the SBA of $5,133,265.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FIRST MERCHANTS BANK
Valley Oaks Health, Inc. in Lafayette, IN received a Paycheck Protection Loan of $5.13M through FIRST MERCHANTS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Valley Oaks Health, Inc.'s total 2019 payroll expenses were approximately $24.64M in order to qualify for the PPP loan amount received.
Unlike most businesses, Valley Oaks Health, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Valley Oaks Health, Inc. in Lafayette, IN
415 North 26th St
Lafayette, IN 47904
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-04
Similar Companies near Lafayette
In the Lafayette area, 2 businesses in the "General Medical and Surgical Hospitals" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 0) and received an average PPP loan of $2,600,483 (compared to this company's $5.13M).
Similar Nearby Businesses Who Received PPP Funding:
Lafayette Retina Clinic PC
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, and received an average PPP loan of $491,002, 90% lower than this company's loan of $5.13M.
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Footnotes & Information
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