PPP Loan Data — Fast Pace Medical Clinic, Franklin, TN
Fast Pace Medical Clinic
Entity: Limited Liability Company (LLC)
Location: Franklin, TNTweet This • Search All PPP Data
Fast Pace Medical Clinic is a limited liability company (LLC) located at 6550 Carothers Parkway #225 in Franklin, Tennessee that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Fast Pace Medical Clinic received a Paycheck Protection Loan of $10M through TRISTAR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fast Pace Medical Clinic's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Fast Pace Medical Clinic in Franklin, TN
6550 Carothers Parkway #225
Franklin, TN 37067
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-07
Similar Companies near Franklin
In the Franklin area, 82 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 500) and received an average PPP loan of $237,685 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
The Women's Group Of Franklin, PLLC
Wellnessconnect Healthcare Solutions, LLC
Evolve Medical Aesthetics, LLC
Urology Healthcare Group, Inc.
Dr Jeffrey Hollis DBA None
Sanctuary Medical Care And Consulting, PLLC
Sumner Radiology PC
Columbia Cancer Care, PLLC
Mendoza Foot And Ankle Center PC
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, 98% lower than Fast Pace Medical Clinic's reported 500 employees, and received an average PPP loan of $138,136, 99% lower than this company's loan of $10M.
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