PPP Loan Data — Apex Dental Partners, LP, Dallas, TX
Apex Dental Partners, LP is a partnership located at 15660 Dallas Pkwy Ste 925 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,707,900.00 in April, 2020.
$ PPP Loan Information
Apex Dental Partners, LP in Dallas, TX received a Paycheck Protection Loan of $2.71M through CROSSFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Apex Dental Partners, LP's total 2019 payroll expenses were approximately $13M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $57,769 per employee1.
Business Information - Apex Dental Partners, LP in Dallas, TX
15660 Dallas Pkwy Ste 925
Dallas, TX 75248
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Dallas
In the Dallas area, 11 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 225) and received an average PPP loan of $312,555 (compared to this company's $2.71M).
Similar Nearby Businesses Who Received PPP Funding:
Victor's Smile Dental Studio
Michael Hardcastle, DDS, PLLC
Dr Howard Kessner D M D P A
Darren BCroshie DDS, PA
WAI Mei Nham Lee, DDS
TJW Dental LLC
Casey R Lepley DMD MS PLLC
Robert E Morgan, DDS, MSD
Industry PPP Comparison Statistics
Nationwide, 101,110 businesses in the "Offices of Dentists" industry received a total of $8,216,479,982.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 97% lower than Apex Dental Partners, LP's reported 225 employees, and received an average PPP loan of $81,263, 97% lower than this company's loan of $2.71M.
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, 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.
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