PPP Loan Data — Matrix Anesthesia Ps, Kirkland, WA
Matrix Anesthesia Ps
Location: Kirkland, WATweet This • Search All PPP Data
Matrix Anesthesia Ps is a partnership located at 12040 Ne 128th Street Ms69 in Kirkland, Washington that received a Coronavirus-related PPP loan from the SBA of $2,612,013.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Matrix Anesthesia Ps in Kirkland, WA received a Paycheck Protection Loan of $2.61M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
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 81 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.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 125.
Based on standard PPP eligibility rules, Matrix Anesthesia Ps' total 2019 payroll expenses were approximately $12.54M (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Because the 81 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Business Information - Matrix Anesthesia Ps in Kirkland, WA
12040 Ne 128th Street Ms69
Kirkland, WA 98034
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-01
Similar Companies near Kirkland
In the Kirkland area, 38 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 81) and received an average PPP loan of $350,048 (compared to this company's $2.61M).
Similar Nearby Businesses Who Received PPP Funding:
Yarrow Bay Plastic Surgery PLLC
Marshall T Partington MD Inc
Remington Plastic Surgery Ps
Mark H Tseng MD PC
Madrona Dermatology PLLC
Shannon West MS Lmft, Ps
Gandis Mazeika MD Ps
Kirkland Acupuncture Clinic PLLC
Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 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 10 employees, 88% lower than Matrix Anesthesia Ps' reported 81 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $2.61M.
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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