PPP Loan Data — Dickson Medical Associates, PC, Dickson, TN
Dickson Medical Associates, PC
Location: Dickson, TNTweet This • Search All PPP Data
Dickson Medical Associates, PC is a corporation located at 127 Crestview Park Dr in Dickson, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,656,395.00 in April, 2020.
$ PPP Loan Information
Dickson Medical Associates, PC in Dickson, TN received a Paycheck Protection Loan of $2.66M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dickson Medical Associates, PC's total 2019 payroll expenses were approximately $12.75M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $51,003 per employee1.
Business Information - Dickson Medical Associates, PC in Dickson, TN
127 Crestview Park Dr
Dickson, TN 37055
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-05
Similar Companies near Dickson
In the Dickson area, 7 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 250) and received an average PPP loan of $452,832 (compared to this company's $2.66M).
Similar Nearby Businesses Who Received PPP Funding:
Women's Health Center Of Dickson, PLLC
Cataract & Eye Care Center Professional LLC
Dickson Orthopaedic And Sports Medicine PLLC
Pinewood Medical, LLC
Fixx Regenerative Solutions PLLC
Perrigin Medical, PLLC
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, 96% lower than Dickson Medical Associates, PC's reported 250 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $2.66M.
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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