PPP Loan Data — Daniel Dobalian A Medical Corporation, Orange, CA
Daniel Dobalian A Medical Corporation
Location: Orange, CATweet This • Search All PPP Data
Daniel Dobalian A Medical Corporation is a corporation located at 2617 E Chapman Ave Suite#312 in Orange, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Wells Fargo Bank, National Association
Daniel Dobalian A Medical Corporation in Orange, CA received a Paycheck Protection Loan of $25,000 through Wells Fargo Bank, National Association, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Daniel Dobalian A Medical Corporation's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Daniel Dobalian A Medical Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Daniel Dobalian A Medical Corporation in Orange, CA
2617 E Chapman Ave Suite#312
Orange, CA 92869
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Orange
In the Orange area, 130 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 3) and received an average PPP loan of $142,507 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Arthur H Salibian MD A Professional Corp
Victor Yu-Ching Hsu,MD,Inc
Orange County Pediatric Radiology Associates
Norichika Okada, MD., Inc
Rbde Professional Medical Corporation
MVM Medical Corporation
Joon Y. Choi MD. Inc
Milton Owens MD. Inc
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B 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, 267% higher than Daniel Dobalian A Medical Corporation's reported 3 employees, and received an average PPP loan of $119,087, 376% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!