PPP Loan Data — Everett Wu Green Perio, Akron, OH
Everett Wu Green Perio is a limited liability company (LLC) located at 1600 E Turkeyfoot Lake Rd in Akron, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least four people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:PNC Bank, National Association
Everett Wu Green Perio in Akron, OH received a Paycheck Protection Loan of $25,000 through PNC Bank, National Association, 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, Everett Wu Green Perio's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Everett Wu Green Perio reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Everett Wu Green Perio in Akron, OH
1600 E Turkeyfoot Lake Rd
Akron, OH 44312
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Akron
In the Akron area, 30 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 4) and received an average PPP loan of $61,147 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Prameela Vasireddy DMD
Dipiero Family Dental LLC
Everett Wu Green Perio LLC
Ellet Dental Andrew J Cook DDS LLC
Jeremy Wanzer, DDS, LLC
Dietrich Family Orthodontics, Inc
Industry PPP Comparison Statistics
Nationwide, 173,521 businesses in the "Offices of Dentists" industry received a total of $14B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 100% higher than Everett Wu Green Perio's reported 4 employees, and received an average PPP loan of $80,703, 223% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!