PPP Loan Data — Howard Kirschen MD, Jericho, NY
Howard Kirschen MD
Entity: Sole Proprietorship
Location: Jericho, NYTweet This • Search All PPP Data
Howard Kirschen MD is a sole proprietorship located at 366 N Broadway 210 in Jericho, New York that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Howard Kirschen MD in Jericho, NY received a Paycheck Protection Loan of $25,200 through Citibank, N.A., which was approved in April, 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, Howard Kirschen MD's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,480 per employee1
Reported PPP Proceed Usage:
On the PPP application, Howard Kirschen MD reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Howard Kirschen MD in Jericho, NY
366 N Broadway 210
Jericho, NY 11753
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Jericho
In the Jericho area, 53 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 2) and received an average PPP loan of $51,829 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Mukul Khurana MD PC
Andrew R Miller MD SP
Harmony Cardiovascular Care PC
Gang Lin Acupuncture PC
FIT Medical Management Inc
Mary Alice Dowling
Kings Park, NY
General Anesthesia Services, LLP
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B 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 11 employees, 450% higher than Howard Kirschen MD's reported 2 employees, and received an average PPP loan of $119,087, 373% higher than this company's loan of $25,200.
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Footnotes & Information
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