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PPP Loan Data — Dubuque Internal Medicine PC,
Dubuque, IA
Dubuque Internal Medicine PC
Entity: Partnership
Industry: Offices of All Other Miscellaneous Health Practitioners
Location: Dubuque, IA
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Dubuque Internal Medicine PC is a partnership located at 1515 Delhi St Suite 100 in Dubuque, Iowa that received a Coronavirus-related PPP loan from the SBA of $4,348,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-03Lender:
PREMIER BANKDubuque Internal Medicine PC in Dubuque, IA received a Paycheck Protection Loan of $4.35M through PREMIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dubuque Internal Medicine PC's total 2019 payroll expenses were approximately $20.87M 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 $83,489 per employee1.
Business Information - Dubuque Internal Medicine PC in Dubuque, IA
1515 Delhi St Suite 100
Dubuque, IA 52001
Business Industry
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: IA-01Similar Companies near Dubuque
In the Dubuque area, 9 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 250) and received an average PPP loan of $547,236 (compared to this company's $4.35M).
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Industry PPP Comparison Statistics
Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Dubuque Internal Medicine PC's reported 250 employees, and received an average PPP loan of $52,032, 99% lower than this company's loan of $4.35M.
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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