PPP Loan Data — Mawd Pathology Group, PA, Lenexa, KS
Mawd Pathology Group, PA is a corporation located at 9705 Lenexa Dr. in Lenexa, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,552,055.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Mawd Pathology Group, PA in Lenexa, KS received a Paycheck Protection Loan of $2.55M through Commercial Bank, which was approved in April, 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, Mawd Pathology Group, PA's 2019 payroll expenses are estimated to be at least $12.25M.
Based on their reported 175 jobs retained, this equals an estimated average yearly compensation of $69,999 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mawd Pathology Group, PA reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,552,055
Business Information - Mawd Pathology Group, PA in Lenexa, KS
9705 Lenexa Dr.
Lenexa, KS 66215
NAICS code 621511
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Lenexa
In the Lenexa area, 6 businesses in the "Medical Laboratories" industry received a PPP loan. These local businesses reported an average of 78 employees (compared to this company's 175) and received an average PPP loan of $968,855 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
Captify Health, Inc
The Great Plains Lab., Inc
Professional Toxicology Services, Inc
Overland Park, KS
Midwest Dysphagia Diagnostics PC
Industry PPP Comparison Statistics
Nationwide, 5,753 businesses in the "Medical Laboratories" industry received a total of $848.85M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 14 employees, 92% lower than Mawd Pathology Group, PA's reported 175 employees, and received an average PPP loan of $147,548, 94% lower than this company's loan of $2.55M.
FederalPay's PPP Information Policy
Footnotes & Information
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