PPP Loan Data — Dubuque Internal Medicine PC, Dubuque, IA
Dubuque Internal Medicine PC
Location: Dubuque, IATweet This • Search All PPP Data
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
Dubuque 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
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: IA-01
Similar 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).
Similar Nearby Businesses Who Received PPP Funding:
Dubuque Massage Therapy LLC
Dubuque Obstetrics And Gynecology
Dubuque Podiatry PC
Balance Integrative Health & Wellness
Finn Therapy, LLC
Tranquil Journey, LLC
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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