POSTED ON MONDAY, July 20, 2020
Home Health Care News (HHCN) studied the July 14th PPP data released by the Small Business Administration and sorted through the federal data by NAICS code to find home health and home care PPP recipients that received less than $150,000. The data was then broken down by state.
“California, Florida and Texas saw the most agencies receive such loans, boasting a total of nearly 5,400 home-based care recipients across all three states, a Home Health Care News analysis of publicly available PPP data found.
Meanwhile, smaller, less populous states understandably boasted fewer home-based care PPP loan recipients. However, agencies in two of those states — Rhode Island and Vermont — received the highest average loan amount. ”
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