PPP Loan Data — Marina Stasi DMD PA, Miami, FL
Marina Stasi DMD PA is a subchapter s corporation located at 5160 Sw 82 Ave. in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $46,017.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Valley National Bank
Marina Stasi DMD PA in Miami, FL received a Paycheck Protection Loan of $46,017 through Valley National Bank, which was approved in May, 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, Marina Stasi DMD PA's 2019 payroll expenses are estimated to be at least $220,882.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,555 per employee1
Reported PPP Proceed Usage:
On the PPP application, Marina Stasi DMD PA reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,017
Business Information - Marina Stasi DMD PA in Miami, FL
5160 Sw 82 Ave.
Miami, FL 33155
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: Urban
Similar Companies near Miami
In the Miami area, 159 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 7) and received an average PPP loan of $48,879 (compared to this company's $46,017).
Similar Nearby Businesses Who Received PPP Funding:
Lanster Dental Associates, PA
South Dixie Dental LLC
Maria T. Marx, DDS, PA
Gables Smiles Inc
Alejandro De La Cruz DDS, PA
Stephen M Grussmark Orthodontix PA
Pinecrest Orthodontics PA
Jorge O. Hernandez DDS PA
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, 14% higher than Marina Stasi DMD PA's reported 7 employees, and received an average PPP loan of $80,703, 75% higher than this company's loan of $46,017.
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Footnotes & Information
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