PPP Loan Data — Eastern Nephrology Associates, PLLC, Greenville, NC
Eastern Nephrology Associates, PLLC
Entity: Limited Liability Company (LLC)
Location: Greenville, NCTweet This • Search All PPP Data
Eastern Nephrology Associates, PLLC is a limited liability company (LLC) located at 511 Paladin Dr in Greenville, North Carolina that received a Coronavirus-related PPP loan from the SBA of $1,516,700.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First-Citizens Bank & Trust Company
Eastern Nephrology Associates, PLLC in Greenville, NC received a Paycheck Protection Loan of $1.52M through First-Citizens Bank & Trust Company, 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 June, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Eastern Nephrology Associates, PLLC's 2019 payroll expenses are estimated to be at least $7.28M.
Based on their reported 130 jobs retained, this equals an estimated average yearly compensation of $56,001 per employee1
Reported PPP Proceed Usage:
On the PPP application, Eastern Nephrology Associates, PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,516,700
Business Information - Eastern Nephrology Associates, PLLC in Greenville, NC
511 Paladin Dr
Greenville, NC 27834
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Greenville
In the Greenville area, 43 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 130) and received an average PPP loan of $468,034 (compared to this company's $1.52M).
Similar Nearby Businesses Who Received PPP Funding:
Down East Diabetology, PA
The Allergy Center PA
Carolina Breast & Oncologic Surgery PLLC
Eastern Dermatology & Pathology, PA
East Carolina Anesthesia Associates PLLC
Isaac A Artis Jr
Greenville Pediatric Services, Inc
Viva Med, PLLC
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B 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, 92% lower than Eastern Nephrology Associates, PLLC's reported 130 employees, and received an average PPP loan of $119,087, 92% lower than this company's loan of $1.52M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!