PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Immunotek Bio Centers, LLC, Lafayette, LA

SBA PPP loan data, payroll data, and salaries for Immunotek Bio Centers, LLC
LA

Immunotek Bio Centers, LLC

Entity: Limited Liability Company (LLC)

Industry: Blood and Organ Banks

Location: Lafayette, LA

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Immunotek Bio Centers, LLC is a limited liability company (LLC) located at 5750 Johnston Street in Lafayette, Louisiana that received a Coronavirus-related PPP loan from the SBA of $5,062,350.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.06M

Jobs Retained:

479

Loan Approved:

2020-04-16

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Immunotek Bio Centers, LLC in Lafayette, LA received a Paycheck Protection Loan of $5.06M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Immunotek Bio Centers, LLC's total 2019 payroll expenses were approximately $24.3M in order to qualify for the PPP loan amount received.

Based on their reported 479 jobs retained, this equals an estimated average yearly compensation of $50,729 per employee1.

Because the loan received by Immunotek Bio Centers, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Immunotek Bio Centers, LLC in Lafayette, LA

Immunotek Bio Centers, LLC
5750 Johnston Street
Lafayette, LA 70503

Business Industry

Blood and Organ Banks (NAICS code 621991)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: LA-03

Industry PPP Comparison Statistics

Nationwide, 627 businesses in the "Blood and Organ Banks" industry received a total of $196,601,905.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 25 employees, 95% lower than Immunotek Bio Centers, LLC's reported 479 employees, and received an average PPP loan of $313,560, 94% lower than this company's loan of $5.06M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/immunotek-bio-centers-llc-lafayette-la