PPP Loan Data — James D. Hoag, DDS, Kalispell, MT
James D. Hoag, DDS is a sole proprietorship located at 430 Windward Way Suite 201 in Kalispell, Montana that received a Coronavirus-related PPP loan from the SBA of $47,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
James D. Hoag, DDS in Kalispell, MT received a Paycheck Protection Loan of $47,200 through Glacier Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.
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, James D. Hoag, DDS's 2019 payroll expenses are estimated to be at least $226,560.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $75,520 per employee1
Reported PPP Proceed Usage:
On the PPP application, James D. Hoag, DDS reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,200
Business Information - James D. Hoag, DDS in Kalispell, MT
430 Windward Way Suite 201
Kalispell, MT 59901
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Kalispell
In the Kalispell area, 53 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 3) and received an average PPP loan of $75,803 (compared to this company's $47,200).
Similar Nearby Businesses Who Received PPP Funding:
Flathead Valley Dental LLC
Jones Dentistry PC
John F Pittaway DMD LLC
Scott S. Dickson, DMD, PC
Kalispell Family Dental, PLLC
Heather R Ronngren DMD PC
James Hoag DDS
Dr Mark Vanzant PLLC
Kidds Teeth PLLC
Industry PPP Comparison Statistics
Nationwide, 173,521 businesses in the "Offices of Dentists" industry received a total of $14B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 167% higher than James D. Hoag, DDS's reported 3 employees, and received an average PPP loan of $80,703, 71% higher than this company's loan of $47,200.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!