PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Eye Associates Of Tallahassee PA, Tallahassee, FL

ALERT: There are 2 PPP loans for a total of $1.88M in our database for businesses with the name "Eye Associates Of Tallahassee PA" in Tallahassee, FL. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Eye Associates Of Tallahassee PA
FL

Eye Associates Of Tallahassee PA

Entity: Professional Association

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Tallahassee, FL

Search All PPP Data

Eye Associates Of Tallahassee PA is a professional association located at 2020 Fleischmann Rd in Tallahassee, Florida that received a Coronavirus-related PPP loan from the SBA of $939,477.00 in March, 2021.

$ PPP Loan Information
Loan #7880458605

Loan Size:

$939,477

Jobs Retained:

72

Loan Approved:

2021-03-24

Loan Status:

Paid in Full or Forgiven

Lender:

Hancock Whitney Bank

Eye Associates Of Tallahassee PA in Tallahassee, FL received a Paycheck Protection Loan of $939,477 through Hancock Whitney Bank, which was approved in March, 2021.

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 January, 2022.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Eye Associates Of Tallahassee PA's 2019 payroll expenses are estimated to be at least $4.51M.

Based on their reported 72 jobs retained, this equals an estimated average yearly compensation of $62,632 per employee1

Reported PPP Proceed Usage:

On the PPP application, Eye Associates Of Tallahassee PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $939,476

Business Information - Eye Associates Of Tallahassee PA in Tallahassee, FL

Eye Associates Of Tallahassee PA
2020 Fleischmann Rd
Tallahassee, FL 32308

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Leon County, FL — SBA Office 0491 — Congressional District: FL-05

Similar Companies near Tallahassee

In the Tallahassee area, 85 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 72) and received an average PPP loan of $382,605 (compared to this company's $939,477).

Industry PPP Comparison Statistics

Nationwide, 176,426 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B 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, 85% lower than Eye Associates Of Tallahassee PA's reported 72 employees, and received an average PPP loan of $119,312, 87% lower than this company's loan of $939,477.

SBA PPP loan data, payroll data, and salaries for Eye Associates Of Tallahassee, PA
FL

Eye Associates Of Tallahassee, PA

Entity: Professional Association

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Tallahassee, FL

Search All PPP Data

Eye Associates Of Tallahassee, PA is a professional association located at 2020 Fleischmann Road in Tallahassee, Florida that received a Coronavirus-related PPP loan from the SBA of $939,400.00 in April, 2020.

$ PPP Loan Information
Loan #6947217107

Loan Size:

$939,400

Jobs Retained:

71

Loan Approved:

2020-04-14

Loan Status:

Paid in Full or Forgiven

Lender:

Hancock Whitney Bank

Eye Associates Of Tallahassee, PA in Tallahassee, FL received a Paycheck Protection Loan of $939,400 through Hancock Whitney Bank, 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 March, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Eye Associates Of Tallahassee, PA's 2019 payroll expenses are estimated to be at least $4.51M.

Based on their reported 71 jobs retained, this equals an estimated average yearly compensation of $63,509 per employee1

Reported PPP Proceed Usage:

On the PPP application, Eye Associates Of Tallahassee, PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $939,400

Business Information - Eye Associates Of Tallahassee, PA in Tallahassee, FL

Eye Associates Of Tallahassee, PA
2020 Fleischmann Road
Tallahassee, FL 32308

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Leon County, FL — SBA Office 0491 — Congressional District: FL-05

Similar Companies near Tallahassee

In the Tallahassee area, 85 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 71) and received an average PPP loan of $382,605 (compared to this company's $939,400).

Industry PPP Comparison Statistics

Nationwide, 176,426 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B 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, 85% lower than Eye Associates Of Tallahassee, PA's reported 71 employees, and received an average PPP loan of $119,312, 87% lower than this company's loan of $939,400.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/eye-associates-of-tallahassee-pa-tallahassee-fl