TX

Daybreak Therapy, LLC

Entity: Limited Liability Company (LLC)

Industry: Offices of Physical, Occupational and Speech Therapists, and Audiologists

Location: Denton, TX

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Daybreak Therapy, LLC is a limited liability company (LLC) located at 419 S Elm St in Denton, Texas that received a Coronavirus-related PPP loan from the SBA of $4,019,800.00 in April, 2020.

$ PPP Loan Information

Loan #4827237207

Daybreak Therapy, LLC in Denton, TX received a Paycheck Protection Loan of $4.02M through Live Oak Banking Company, 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 July, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

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, Daybreak Therapy, LLC's 2019 payroll expenses are estimated to be at least $19.3M.

Based on their reported 431 jobs retained, this equals an estimated average yearly compensation of $44,768 per employee¹

Reported PPP Proceed Usage:

On the PPP application, Daybreak Therapy, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

• Payroll: $4,019,800

Business Information - Daybreak Therapy, LLC in Denton, TX

Similar Companies near Denton

In the Denton area, 3 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 147 employees (compared to this company's 431) and received an average PPP loan of $1,373,367 (compared to this company's $4.02M).

Industry PPP Comparison Statistics

Nationwide, 39,291 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $2.73B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 8 employees, 98% lower than Daybreak Therapy, LLC's reported 431 employees, and received an average PPP loan of $69,381, 98% lower than this company's loan of $4.02M.