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PPP Loan Data — Gpch LLC,
Borger, TX
Gpch LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Borger, TX
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Gpch LLC is a limited liability company (LLC) located at 100 Medical in Borger, Texas that received a Coronavirus-related PPP loan from the SBA of $3,128,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
186Loan Approved:
2020-04-09Lender:
HAPPY STATE BANKGpch LLC received a Paycheck Protection Loan of $3.13M through HAPPY STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gpch LLC's total 2019 payroll expenses were approximately $15.02M in order to qualify for the PPP loan amount received.
Based on their reported 186 jobs retained, this equals an estimated average yearly compensation of $80,728 per employee1.
Business Information - Gpch LLC in Borger, TX
100 Medical
Borger, TX 79007
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: TX-13Similar Companies near Borger
In the Borger area, 7 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 186) and received an average PPP loan of $502,886 (compared to this company's $3.13M).
Similar Nearby Businesses Who Received PPP Funding:
Jesse Perales
Borger, TX
Wallace Mann, MD
Borger, TX
Shadid H Goldston DDS PC
Borger, TX
Jorge A Sifuentes MD PA
Borger, TX
High Plains Family Medicine, PA
Borger, TX
Cates Care PLLC
Borger, TX
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, 95% lower than Gpch LLC's reported 186 employees, and received an average PPP loan of $138,136, 96% lower than this company's loan of $3.13M.
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.
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