FederalPay.org
PPP Loan Data — Gastrointestinal And Liver Specialist Of Tidewater, PLLC,
Virginia Beach, VA
Gastrointestinal And Liver Specialist Of Tidewater, PLLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Virginia Beach, VA
Tweet This
•
Search All PPP Data
Gastrointestinal And Liver Specialist Of Tidewater, PLLC is a limited liability company (LLC) located at 1925 Glen Mitchell Drive in Virginia Beach, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,386,900.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-07Lender:
TOWNE BANKGastrointestinal And Liver Specialist Of Tidewater, PLLC received a Paycheck Protection Loan of $3.39M through TOWNE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gastrointestinal And Liver Specialist Of Tidewater, PLLC's total 2019 payroll expenses were approximately $16.26M in order to qualify for the PPP loan amount received.
Unlike most businesses, Gastrointestinal And Liver Specialist Of Tidewater, PLLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Gastrointestinal And Liver Specialist Of Tidewater, PLLC in Virginia Beach, VA
1925 Glen Mitchell Drive
Virginia Beach, VA 23456
Business Industry
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: VA-02Similar Companies near Virginia Beach
In the Virginia Beach area, 25 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $228,839 (compared to this company's $3.39M).
Similar Nearby Businesses Who Received PPP Funding:
Roger P Wiley MD
Virginia Beach, VA
Cool Body Sculpting Center,Inc.
Virginia Beach, VA
Esther Nsahlai
Virginia Beach, VA
Rose Devera-Hipol MD & Manuel A Hipol MD PC
Virginia Beach, VA
Bayside Internal Medicine, Plc
Virginia Beach, VA
Jennifer S Gutierrez, MD, PLLC
Virginia Beach, VA
Robert W Sullivan, DPM, PC
Virginia Beach, VA
Advanced Foot & Ankle Care, LLC
Virginia Beach, VA
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, and received an average PPP loan of $138,136, 96% lower than this company's loan of $3.39M.
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.
Footnotes & Information
1. 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.
Have FederalPay.org's open data tools been valuable? Consider donating!