PPP Loan Data — Debra Weinstock DPM, Howard Beach, NY
Debra Weinstock DPM is a sole proprietorship located at 157-02 Crossbay Blvd Suite 202 in Howard Beach, New York that received a Coronavirus-related PPP loan from the SBA of $46,802.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least seven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Dime Community Bank
Debra Weinstock DPM in Howard Beach, NY received a Paycheck Protection Loan of $46,802 through Dime Community Bank, which was approved in April, 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, Debra Weinstock DPM's 2019 payroll expenses are estimated to be at least $224,650.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $32,093 per employee1
Reported PPP Proceed Usage:
On the PPP application, Debra Weinstock DPM reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,802
Business Information - Debra Weinstock DPM in Howard Beach, NY
157-02 Crossbay Blvd Suite 202
Howard Beach, NY 11414
Offices of Physicians, Mental Health Specialists
NAICS code 621112
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Howard Beach
In the Howard Beach area, 2 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 7) and received an average PPP loan of $30,519 (compared to this company's $46,802).
Similar Nearby Businesses Who Received PPP Funding:
Kew Gardens, NY
Industry PPP Comparison Statistics
Nationwide, 21,049 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1.68B 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, 14% higher than Debra Weinstock DPM's reported 7 employees, and received an average PPP loan of $80,024, 71% higher than this company's loan of $46,802.
FederalPay's PPP Information Policy
Footnotes & Information
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