PPP Loan Data — Mcrory Pediatric Services, Inc., Tarzana, CA
Mcrory Pediatric Services, Inc.
Location: Tarzana, CATweet This • Search All PPP Data
Mcrory Pediatric Services, Inc. is a corporation located at 19019 Ventura Blvd in Tarzana, California that received a Coronavirus-related PPP loan from the SBA of $2,458,165.00 in April, 2020.
$ PPP Loan Information
Lender:MUFG UNION BANK, NATIONAL ASSOCIATION
Mcrory Pediatric Services, Inc. received a Paycheck Protection Loan of $2.46M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mcrory Pediatric Services, Inc.'s total 2019 payroll expenses were approximately $11.8M in order to qualify for the PPP loan amount received.
Based on their reported 298 jobs retained, this equals an estimated average yearly compensation of $39,595 per employee1.
Business Information - Mcrory Pediatric Services, Inc. in Tarzana, CA
19019 Ventura Blvd
Tarzana, CA 91356
Offices of Physical, Occupational and Speech Therapists, and Audiologists (NAICS code 621340)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-30
Similar Companies near Tarzana
In the Tarzana area, 13 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 298) and received an average PPP loan of $311,138 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
Vital Speech And Swallow, Speech Therapy Inc
Deborah Dole, MACcc
New U Therapy Center & Family Services, Inc
Kasabov's Physical Therapy Services, Inc.
Therapy In Action Inc
Progressive Physical Therapy, Inc.
HO Rehab Center, Inc.
Industry PPP Comparison Statistics
Nationwide, 21,136 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $1,682,147,868.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 97% lower than Mcrory Pediatric Services, Inc.'s reported 298 employees, and received an average PPP loan of $79,587, 97% lower than this company's loan of $2.46M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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