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PPP Loan Data — Dorothy Dalena MD, Morristown, NJ

SBA PPP loan data, payroll data, and salaries for Dorothy Dalena MD
NJ

Dorothy Dalena MD

Entity: Subchapter S Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Morristown, NJ

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Dorothy Dalena MD is a subchapter s corporation located in Morristown, New Jersey that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in April, 2020.

The company has reported itself as an Asian female veteran owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #5323027204

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2020-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

JPMorgan Chase Bank, National Association

Dorothy Dalena MD in Morristown, NJ received a Paycheck Protection Loan of $20,833 through JPMorgan Chase Bank, National Association, 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 May, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Dorothy Dalena MD reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $14,233
  • Utilities: $100
  • Rent: $1,500
  • Health Care: $5,000

Business Information - Dorothy Dalena MD in Morristown, NJ

Dorothy Dalena MD
Morristown, NJ
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Morris County, NJ — SBA Office 0299 — Congressional District: NJ-11

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Dorothy Dalena MD.

Dorothy Dalena MD PC
Offices of Physicians (except Mental Health Specialists)

$20,832 PPP Loan

Similar Companies near Morristown

In the Morristown area, 91 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 1) and received an average PPP loan of $208,891 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 176,426 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B 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, 1000% higher than Dorothy Dalena MD's reported 1 employees, and received an average PPP loan of $119,310, 473% higher than this company's loan of $20,833.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/dorothy-dalena-md-morristown-nj