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PPP Loan Information — ALASKA HEART INSTITUTE, LLC

SBA PPP loan data, payroll data, and salaries for
AK

ALASKA HEART INSTITUTE, LLC

Business Type: Subchapter S Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: ANCHORAGE, AK

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ALASKA HEART INSTITUTE, LLC is a subchapter s corporation located in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of at least $2,000,000.00 in April, 2020.

PPP Loan Information

Loan Size:

$2M to $5M

Jobs Retained:

240

Loan Approved:

2020-04-08

Lender:

Northrim Bank

ALASKA HEART INSTITUTE, LLC received a Paycheck Protection Loan of between 2M and 5M through Northrim Bank, which was approved in April, 2020.

Based on standard PPP eligibility rules, ALASKA HEART INSTITUTE, LLC's total 2019 payroll expenses were between $9.6M and $24M+ in order to qualify for the PPP loan amount received. Based on their reported 240 jobs retained, this equals an estimated average yearly compensation between $40,000 and $100,000+ per employee1.

Because the loan received by ALASKA HEART INSTITUTE, 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 - ALASKA HEART INSTITUTE, LLC in ANCHORAGE, AK

ALASKA HEART INSTITUTE, LLC
3841 Piper Street Suite T-100
ANCHORAGE, AK 99508

Business Industry

Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)

Business Owner Demographics

Race / Ethnicity: Unanswered

Gender: Unanswered

Veteran Status: Unanswered

AK - 00

Similar Nearby Businesses Who Received PPP Funding:

ALASKA EMERGENCY MEDICINE ASSOCIATES LLC
($350,000-1 million)
HILLSIDE FAMILY MEDICINE, LLC
($350,000-1 million)
INDEPENDENCE PARK MEDICAL SERVICES, INC.
($350,000-1 million)
ADVANCED PAIN CENTERS OF ALASKA INC
($150,000-350,000)
B.J. COOPES MD, LLC
($150,000-350,000)


Employee Statistics

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for private companies that received a PPP loan of $150,000 or over. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.


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.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/20-20-builders-emeryville-ca