PPP Loan Data — Estes Anesthesia, PLLC, Winfield, WV
Estes Anesthesia, PLLC
Entity: Limited Liability Company (LLC)
Location: Winfield, WVTweet This • Search All PPP Data
Estes Anesthesia, PLLC is a limited liability company (LLC) located at 55 Cassidy Dr in Winfield, West Virginia that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:The Huntington National Bank
Estes Anesthesia, PLLC in Winfield, WV received a Paycheck Protection Loan of $25,000 through The Huntington National Bank, which was approved in April, 2020.
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, Estes Anesthesia, PLLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Estes Anesthesia, PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Estes Anesthesia, PLLC in Winfield, WV
55 Cassidy Dr
Winfield, WV 25213
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
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, 450% higher than Estes Anesthesia, PLLC's reported 2 employees, and received an average PPP loan of $119,087, 376% higher than this company's loan of $25,000.
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