PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Alan J Yedwab MD PA, Richardson, TX

ALERT: There are 2 PPP loans for a total of $134,726 in our database for businesses with the name "Alan J Yedwab MD PA" in Richardson, TX. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Alan J Yedwab MD PA
TX

Alan J Yedwab MD PA

Entity: Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Richardson, TX

Search All PPP Data

Alan J Yedwab MD PA is a corporation located at 2821 E President George Bush Hwy in Richardson, Texas that received a Coronavirus-related PPP loan from the SBA of $67,362.00 in February, 2021.

The company has reported itself as a White male owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #1131758509

Loan Size:

$67,362

Jobs Retained:

5

Loan Approved:

2021-02-18

Loan Status:

Paid in Full or Forgiven

Lender:

JPMorgan Chase Bank, National Association

Alan J Yedwab MD PA in Richardson, TX received a Paycheck Protection Loan of $67,362 through JPMorgan Chase Bank, National Association, which was approved in February, 2021.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in November, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Alan J Yedwab MD PA's 2019 payroll expenses are estimated to be at least $323,338.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $64,668 per employee1

Reported PPP Proceed Usage:

On the PPP application, Alan J Yedwab MD PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $67,361

Business Information - Alan J Yedwab MD PA in Richardson, TX

Alan J Yedwab MD PA
2821 E President George Bush Hwy
Richardson, TX 75082

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

Business Owner Demographics

Race: White

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Collin County, TX — SBA Office 0610 — Congressional District: TX-03

Similar Companies near Richardson

In the Richardson area, 81 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 5) and received an average PPP loan of $78,283 (compared to this company's $67,362).

Industry PPP Comparison Statistics

Nationwide, 176,427 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B 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 11 employees, 120% higher than Alan J Yedwab MD PA's reported 5 employees, and received an average PPP loan of $119,313, 77% higher than this company's loan of $67,362.

SBA PPP loan data, payroll data, and salaries for Alan J. Yedwab MD PA
TX

Alan J. Yedwab MD PA

Entity: Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Richardson, TX

Search All PPP Data

Alan J. Yedwab MD PA is a corporation located at 2821 President George Bush Hwy in Richardson, Texas that received a Coronavirus-related PPP loan from the SBA of $67,364.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #6878827304

Loan Size:

$67,364

Jobs Retained:

5

Loan Approved:

2020-04-30

Loan Status:

Paid in Full or Forgiven

Lender:

JPMorgan Chase Bank, National Association

Alan J. Yedwab MD PA in Richardson, TX received a Paycheck Protection Loan of $67,364 through JPMorgan Chase Bank, National Association, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Alan J. Yedwab MD PA's 2019 payroll expenses are estimated to be at least $323,347.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $64,669 per employee1

Reported PPP Proceed Usage:

On the PPP application, Alan J. Yedwab MD PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $67,364

Business Information - Alan J. Yedwab MD PA in Richardson, TX

Alan J. Yedwab MD PA
2821 President George Bush Hwy
Richardson, TX 75082

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

Business Owner Demographics

Race: White

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Collin County, TX — SBA Office 0610 — Congressional District: TX-03

Similar Companies near Richardson

In the Richardson area, 81 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 5) and received an average PPP loan of $78,283 (compared to this company's $67,364).

Industry PPP Comparison Statistics

Nationwide, 176,427 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B 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 11 employees, 120% higher than Alan J. Yedwab MD PA's reported 5 employees, and received an average PPP loan of $119,313, 77% higher than this company's loan of $67,364.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/alan-j-yedwab-md-pa-richardson-tx