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PPP Loan Data — Acute Care Physicians Inc,
La Mirada, CA
Acute Care Physicians Inc
Entity: Corporation
Industry: Offices of Physicians (except Mental Health Specialists)
Location: La Mirada, CA
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Acute Care Physicians Inc is a corporation located at 14729 Dunnet Ave in La Mirada, California that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
1Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONAcute Care Physicians Inc received a Paycheck Protection Loan of $20,833 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Acute Care Physicians Inc's total 2019 payroll expenses were approximately $99,998 (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $99,998 (not accounting for salary amounts > $100k) per employee1.
Business Information - Acute Care Physicians Inc in La Mirada, CA
14729 Dunnet Ave
La Mirada, CA 90638
Business Industry
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-38Similar Companies near La Mirada
In the La Mirada area, 9 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $340,758 (compared to this company's $20,833).
Similar Nearby Businesses Who Received PPP Funding:
Imperial Primary Care Medical Group Inc
La Mirada, CA
Anwar And Vaseema Arastu MD Inc
La Mirada, CA
Rashmikant Trivedi, MD, Inc
La Mirada, CA
Healthpointe Medical Group Inc
La Mirada, CA
Louis E Marchioli, MD, Inc
La Mirada, CA
Continental Guest Home Corporation
La Mirada, CA
Ajit Shah, MD
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Dr. Middleton Professional Services
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Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 900% higher than Acute Care Physicians Inc's reported 1 employees, and received an average PPP loan of $138,136, 563% higher than this company's loan of $20,833.
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.
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.
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