PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Walnut Ridge, A Memory Care Home LLC, Greensburg, PA

SBA PPP loan data, payroll data, and salaries for Walnut Ridge, A Memory Care Home LLC
PA

Walnut Ridge, A Memory Care Home LLC

Entity: Corporation

Industry: Nursing Care Facilities (Skilled Nursing Facilities)

Location: Greensburg, PA

Search All PPP Data

Walnut Ridge, A Memory Care Home LLC is a corporation located at 711 Route 19 in Greensburg, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $187,670.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 35 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$187,670

Jobs Retained:

35

Loan Approved:

2020-04-07

Lender:

AMERISERV FINANCIAL BANK

Walnut Ridge, A Memory Care Home LLC received a Paycheck Protection Loan of $187,670 through AMERISERV FINANCIAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Walnut Ridge, A Memory Care Home LLC's total 2019 payroll expenses were approximately $900,816 in order to qualify for the PPP loan amount received.

Based on their reported 35 jobs retained, this equals an estimated average yearly compensation of $25,738 per employee1.

Business Information - Walnut Ridge, A Memory Care Home LLC in Greensburg, PA

Walnut Ridge, A Memory Care Home LLC
711 Route 19
Greensburg, PA 15601

Business Industry

Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: PA-14

Similar Companies near Greensburg

In the Greensburg area, 6 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 100 employees (compared to this company's 35) and received an average PPP loan of $714,152 (compared to this company's $187,670).

Industry PPP Comparison Statistics

Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, 89% higher than Walnut Ridge, A Memory Care Home LLC's reported 35 employees, and received an average PPP loan of $557,944, 197% higher than this company's loan of $187,670.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/walnut-ridge-a-memory-care-home-llc-greensburg-pa