PPP Loan Data — Visiting Nurse Association Of Florida In, Stuart, FL
Visiting Nurse Association Of Florida In is a non-profit organization located at 2400 Monterey Rd Suite 300 in Stuart, Florida that received a Coronavirus-related PPP loan from the SBA of $2,740,360.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 402 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Seacoast National Bank
Visiting Nurse Association Of Florida In in Stuart, FL received a Paycheck Protection Loan of $2.74M through Seacoast National Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
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, Visiting Nurse Association Of Florida In's 2019 payroll expenses are estimated to be at least $13.15M.
Based on their reported 402 jobs retained, this equals an estimated average yearly compensation of $32,721 per employee1
Reported PPP Proceed Usage:
On the PPP application, Visiting Nurse Association Of Florida In reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,740,360
Business Information - Visiting Nurse Association Of Florida In in Stuart, FL
2400 Monterey Rd Suite 300
Stuart, FL 34996
Home Health Care Services
NAICS code 621610
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Stuart
In the Stuart area, 9 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 402) and received an average PPP loan of $377,452 (compared to this company's $2.74M).
Similar Nearby Businesses Who Received PPP Funding:
Anchor Home Health Services, LLC
Evergreen Private Care Of Florida, LLC
Ability Home Care, Inc
Doctors House Calls Of Florida, LLC
Helena M Mensah
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, 96% lower than Visiting Nurse Association Of Florida In's reported 402 employees, and received an average PPP loan of $83,373, 97% lower than this company's loan of $2.74M.
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Footnotes & Information
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