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PPP Loan Data — Vibra Specialty Hospital Of Portland, LLC, Mechanicsburg, PA

SBA PPP loan data, payroll data, and salaries for Vibra Specialty Hospital Of Portland, LLC
PA

Vibra Specialty Hospital Of Portland, LLC

Entity: Limited Liability Company (LLC)

Industry: Specialty (except Psychiatric and Substance Abuse) Hospitals

Location: Mechanicsburg, PA

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Vibra Specialty Hospital Of Portland, LLC is a limited liability company (LLC) located at 4600 Lena Dr in Mechanicsburg, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,499,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.5M

Jobs Retained:

236

Loan Approved:

2020-04-15

Lender:

ORRSTOWN BANK

Vibra Specialty Hospital Of Portland, LLC received a Paycheck Protection Loan of $2.5M through ORRSTOWN BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Vibra Specialty Hospital Of Portland, LLC's total 2019 payroll expenses were approximately $12M in order to qualify for the PPP loan amount received.

Based on their reported 236 jobs retained, this equals an estimated average yearly compensation of $50,827 per employee1.

Because the loan received by Vibra Specialty Hospital Of Portland, LLC 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 - Vibra Specialty Hospital Of Portland, LLC in Mechanicsburg, PA

Vibra Specialty Hospital Of Portland, LLC
4600 Lena Dr
Mechanicsburg, PA 17055

Business Industry

Specialty (except Psychiatric and Substance Abuse) Hospitals (NAICS code 622310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: PA-10

Similar Companies near Mechanicsburg

In the Mechanicsburg area, 18 businesses in the "Specialty (except Psychiatric and Substance Abuse) Hospitals" industry received a PPP loan. These local businesses reported an average of 221 employees (compared to this company's 236) and received an average PPP loan of $2,408,389 (compared to this company's $2.5M).

Industry PPP Comparison Statistics

Nationwide, 1,042 businesses in the "Specialty (except Psychiatric and Substance Abuse) Hospitals" industry received a total of $329,966,547.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 26 employees, 89% lower than Vibra Specialty Hospital Of Portland, LLC's reported 236 employees, and received an average PPP loan of $316,667, 87% lower than this company's loan of $2.5M.

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/vibra-specialty-hospital-of-portland-llc-mechanicsburg-pa