PPP Loan Data — Highland Clinic, Apmc, Shreveport, LA
Highland Clinic, Apmc
Location: Shreveport, LATweet This • Search All PPP Data
Highland Clinic, Apmc is a corporation located at 1455 E. Bert Kouns Ind Loop, in Shreveport, Louisiana that received a Coronavirus-related PPP loan from the SBA of $4,058,600.00 in April, 2020.
$ PPP Loan Information
Highland Clinic, Apmc in Shreveport, LA received a Paycheck Protection Loan of $4.06M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Highland Clinic, Apmc's total 2019 payroll expenses were approximately $19.48M in order to qualify for the PPP loan amount received.
Based on their reported 301 jobs retained, this equals an estimated average yearly compensation of $64,722 per employee1.
Business Information - Highland Clinic, Apmc in Shreveport, LA
1455 E. Bert Kouns Ind Loop,
Shreveport, LA 71105
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-04
Similar Companies near Shreveport
In the Shreveport area, 121 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 301) and received an average PPP loan of $125,819 (compared to this company's $4.06M).
Similar Nearby Businesses Who Received PPP Funding:
Regional Research Specialists LLC
Walter J James DDS, MD, Apmc
JCT Medical Consulting Information Inc
Mills Clinic Apmc
William T Gentry
Regional Urology LLC
Jeffrey Foss MD, LLC
Menopause & Hormone Specialty Center, LLC
Dermatology & Skin Surgery, Inc., A Professional Medical Cor
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, 97% lower than Highland Clinic, Apmc's reported 301 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.06M.
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, 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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