PPP Loan Data — Clearwater Cardiovascular And Interventional Consultants, M., Clearwater, FL
Clearwater Cardiovascular And Interventional Consultants, M.
Entity: Subchapter S Corporation
Location: Clearwater, FLTweet This • Search All PPP Data
Clearwater Cardiovascular And Interventional Consultants, M. is a subchapter s corporation located at 455 Pinellas Street in Clearwater, Florida that received a Coronavirus-related PPP loan from the SBA of $2,764,100.00 in April, 2020.
$ PPP Loan Information
Lender:HANCOCK WHITNEY BANK
Clearwater Cardiovascular And Interventional Consultants, M. received a Paycheck Protection Loan of $2.76M through HANCOCK WHITNEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Clearwater Cardiovascular And Interventional Consultants, M.'s total 2019 payroll expenses were approximately $13.27M in order to qualify for the PPP loan amount received.
Based on their reported 169 jobs retained, this equals an estimated average yearly compensation of $78,507 per employee1.
Business Information - Clearwater Cardiovascular And Interventional Consultants, M. in Clearwater, FL
455 Pinellas Street
Clearwater, FL 33756
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-13
Similar Companies near Clearwater
In the Clearwater area, 64 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 169) and received an average PPP loan of $211,403 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Pasco County Emergency Physicians LLC
Beyond Geriatrics, LLC
Stephen J Shields MD PA
Anup Desai MD PA
Pinellas County Primary Care And Hospitalists, PLLC
All Care Medical Consultants PA
American Integrative Health
Benjamin Devries DO LLC
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, 94% lower than Clearwater Cardiovascular And Interventional Consultants, M.'s reported 169 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $2.76M.
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.
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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