PPP Loan Data — Waverly Health Center, Waverly, IA
Waverly Health Center is a non-profit organization located at 312 9th St Sw in Waverly, Iowa that received a Coronavirus-related PPP loan from the SBA of $5,553,300.00 in April, 2020.
$ PPP Loan Information
Waverly Health Center received a Paycheck Protection Loan of $5.55M through FIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Waverly Health Center's total 2019 payroll expenses were approximately $26.66M in order to qualify for the PPP loan amount received.
Based on their reported 493 jobs retained, this equals an estimated average yearly compensation of $54,069 per employee1.
Business Information - Waverly Health Center in Waverly, IA
312 9th St Sw
Waverly, IA 50677
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IA-01
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, 92% lower than Waverly Health Center's reported 493 employees, and received an average PPP loan of $491,002, 91% lower than this company's loan of $5.55M.
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Footnotes & Information
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