PPP Loan Data — Jdrmd PA, Bellaire, TX
Entity: Limited Liability Company (LLC)
Location: Bellaire, TXTweet This • Search All PPP Data
Jdrmd PA is a limited liability company (LLC) located at 5555 West Loop South, Suite 360 in Bellaire, Texas that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least four people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Jdrmd PA in Bellaire, TX received a Paycheck Protection Loan of $25,000 through Frost 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 January, 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, Jdrmd PA's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jdrmd PA reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Jdrmd PA in Bellaire, TX
5555 West Loop South, Suite 360
Bellaire, TX 77401
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Bellaire
In the Bellaire area, 112 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 4) and received an average PPP loan of $95,931 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
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Alinda Gary MD PA
M. Sandra Scurria, MD, PA
Karen Fisher Occupational Therapy PLLC
EM Medical Services PLLC
Matthew T. Monroe, MD. And Associates
Orthopaedic Associates, 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, 175% higher than Jdrmd PA's reported 4 employees, and received an average PPP loan of $119,087, 376% higher than this company's loan of $25,000.
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