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PPP Loan Data — Highland Clinic, Apmc,
Shreveport, LA
Highland Clinic, Apmc
Entity: Corporation
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Shreveport, LA
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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
Loan Size:
Jobs Retained:
301Loan Approved:
2020-04-13Lender:
REGIONS BANKHighland 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
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: LA-04Similar 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:
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Regional Urology LLC
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Jeffrey Foss MD, LLC
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Menopause & Hormone Specialty Center, LLC
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Dermatology & Skin Surgery, Inc., A Professional Medical Cor
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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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