PPP Loan Data — Loudoun Medical Group PC, Leesburg, VA
Loudoun Medical Group PC is a corporation located at 224 D Cornwall Street in Leesburg, Virginia that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Loudoun Medical Group PC received a Paycheck Protection Loan of $10M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Loudoun Medical Group PC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Loudoun Medical Group PC in Leesburg, VA
224 D Cornwall Street
Leesburg, VA 20176
Offices of Physicians, Mental Health Specialists (NAICS code 621112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-10
Similar Companies near Leesburg
In the Leesburg area, 10 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 500) and received an average PPP loan of $1,255,755 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Integrative Counseling & Relationship Therapy Inc.
Reliant MD Group LLC
Leesburg Family Hearing
Alyaman Saeed MD PC
Commonwealth Emergency Physicians PC
Jack C Childers III - Counselor
Town Pediatrics PC
Riverside Counseling Center PLLC
Industry PPP Comparison Statistics
Nationwide, 13,272 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1,260,960,972.00 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 8 employees, 98% lower than Loudoun Medical Group PC's reported 500 employees, and received an average PPP loan of $95,009, 99% lower than this company's loan of $10M.
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Footnotes & Information
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