PPP Loan Data — Eagles Landing Family Practice, LLC, Mcdonough, GA
Eagles Landing Family Practice, LLC
Entity: Limited Liability Company (LLC)
Location: Mcdonough, GATweet This • Search All PPP Data
Eagles Landing Family Practice, LLC is a limited liability company (LLC) located at 2330 Patrick Henry Pkwy, Ste 200 in Mcdonough, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,128,200.00 in April, 2020.
$ PPP Loan Information
Eagles Landing Family Practice, LLC in Mcdonough, GA received a Paycheck Protection Loan of $4.13M through SONABANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Eagles Landing Family Practice, LLC's total 2019 payroll expenses were approximately $19.82M in order to qualify for the PPP loan amount received.
Based on their reported 386 jobs retained, this equals an estimated average yearly compensation of $51,335 per employee1.
Business Information - Eagles Landing Family Practice, LLC in Mcdonough, GA
2330 Patrick Henry Pkwy, Ste 200
Mcdonough, GA 30253
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-13
Similar Companies near Mcdonough
In the Mcdonough area, 34 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 386) and received an average PPP loan of $344,734 (compared to this company's $4.13M).
Similar Nearby Businesses Who Received PPP Funding:
Highpoint Family Practice
Anglyn Family Medical Center, LLC
Comprehensive Clinical Care LLC
Kevin Kurey, MD, PC
Master Anesthesia LLC
Mcdonough General Surgery
Mcdonough Primary Care Inc
Mcdonough Children's Specialist
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, 97% lower than Eagles Landing Family Practice, LLC's reported 386 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.13M.
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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