PPP Loan Data — Mark C. Deibert MD. PC, Bozeman, MT
Mark C. Deibert MD. PC
Entity: Subchapter S Corporation
Location: Bozeman, MTTweet This • Search All PPP Data
Mark C. Deibert MD. PC is a subchapter s corporation located at 536 S Cottonwood Rd in Bozeman, Montana that received a Coronavirus-related PPP loan from the SBA of $46,600.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Mark C. Deibert MD. PC in Bozeman, MT received a Paycheck Protection Loan of $46,600 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 January, 2021.The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 2 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 2. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
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, Mark C. Deibert MD. PC's 2019 payroll expenses are estimated to be at least $223,680 (not accounting for salary amounts > $100k).
Because the 2 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Reported PPP Proceed Usage:
On the PPP application, Mark C. Deibert MD. PC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,600
Business Information - Mark C. Deibert MD. PC in Bozeman, MT
536 S Cottonwood Rd
Bozeman, MT 59718
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Bozeman
In the Bozeman area, 20 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 2) and received an average PPP loan of $84,560 (compared to this company's $46,600).
Similar Nearby Businesses Who Received PPP Funding:
Tony Stark Industries PC
Montana Skin Cancer And Dermatology Center PC
Bozeman Primary Care, PLLC
Teresa Mann MD, PC
Rocky Mountain Vein Clinic Bozeman Inc
Peckinpaugh Oculoplastic Surgery
Shannon Setzer MD PC
Mark R Comaratta MD PC
Bridger Natural Medicine Clinic, LLC
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, 450% higher than Mark C. Deibert MD. PC's reported 2 employees, and received an average PPP loan of $119,087, 156% higher than this company's loan of $46,600.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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