PPP Loan Information — ALASKA COLORECTAL SURGERY, P.C.
ALASKA COLORECTAL SURGERY, P.C. is a subchapter s corporation located in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of at least $150,000.00 in April, 2020.
PPP Loan Information
$150,000 to $208,333
Lender:First National Bank Alaska
ALASKA COLORECTAL SURGERY, P.C. received a Paycheck Protection Loan of between 150,000 and 350,000 through First National Bank Alaska, which was approved in April, 2020.
When accounting for 10 claimed employees and the PPP salary cap of $100k per employee, the actual maximum PPP received by this business is likely $208,3332.
Based on standard PPP eligibility rules, ALASKA COLORECTAL SURGERY, P.C.'s total 2019 payroll expenses were between $720,000 and $999,998+ in order to qualify for the PPP loan amount received. Based on their reported 10 jobs retained, this equals an estimated average yearly compensation between $72,000 and $100,000+ per employee1.
Business Information - ALASKA COLORECTAL SURGERY, P.C. in ANCHORAGE, AK
2751 Debarr Rd Ste 280
ANCHORAGE, AK 99508
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unanswered
Veteran Status: UnansweredAK - 00
Similar Nearby Businesses Who Received PPP Funding:ALASKA EMERGENCY MEDICINE ASSOCIATES LLC
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.