PPP Loan Data — Mckenzie Oral And Facial Surgery, PLLC, Dickson, TN
Mckenzie Oral And Facial Surgery, PLLC is a limited liability company (LLC) located at 445 Henslee Dr in Dickson, Tennessee that received a Coronavirus-related PPP loan from the SBA of $46,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least nine people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Live Oak Banking Company
Mckenzie Oral And Facial Surgery, PLLC in Dickson, TN received a Paycheck Protection Loan of $46,400 through Live Oak Banking Company, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Mckenzie Oral And Facial Surgery, PLLC's 2019 payroll expenses are estimated to be at least $222,720.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $24,747 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mckenzie Oral And Facial Surgery, PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,400
Business Information - Mckenzie Oral And Facial Surgery, PLLC in Dickson, TN
445 Henslee Dr
Dickson, TN 37055
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Dickson
In the Dickson area, 17 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 9) and received an average PPP loan of $103,729 (compared to this company's $46,400).
Similar Nearby Businesses Who Received PPP Funding:
Preston Dental Care,PLLC
Leah M. Patrick, DDS, PLLC
Center For Dental Excellence
Dickson Pediatric Dentistry PLLC
Jerome Burr DDS, Mds, PLLC
Dr Dave Hippensteel DMD PC
Accent Smile Center PLLC
Southern Smiles Dentistry, LLC
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, 11% lower than Mckenzie Oral And Facial Surgery, PLLC's reported 9 employees, and received an average PPP loan of $80,703, 74% higher than this company's loan of $46,400.
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Footnotes & Information
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