PPP Loan Data — Healthflow Consulting And Technologies, Portland, OR
Healthflow Consulting And Technologies is a corporation located at 6533 Ne Sandy Blvd in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $46,257.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least seven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
Healthflow Consulting And Technologies in Portland, OR received a Paycheck Protection Loan of $46,257 through Cross River Bank, which was approved in May, 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, Healthflow Consulting And Technologies' 2019 payroll expenses are estimated to be at least $222,034.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,719 per employee1
Reported PPP Proceed Usage:
On the PPP application, Healthflow Consulting And Technologies reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,257
Business Information - Healthflow Consulting And Technologies in Portland, OR
6533 Ne Sandy Blvd
Portland, OR 97213
Other Management Consulting Services
NAICS code 541618
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Portland
In the Portland area, 62 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 7) and received an average PPP loan of $26,904 (compared to this company's $46,257).
Similar Nearby Businesses Who Received PPP Funding:
The Consciousness Project, LLC
Western Economic Services LTD
Unitah Group, LLC
Collaborate Consulting LLC
Industry PPP Comparison Statistics
Nationwide, 84,014 businesses in the "Other Management Consulting Services" industry received a total of $3.74B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 43% lower than Healthflow Consulting And Technologies' reported 7 employees, and received an average PPP loan of $44,524, 4% lower than this company's loan of $46,257.
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Footnotes & Information
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