PPP Loan Data — Medical Associates Of Nwa, PA, Fayetteville, AR
Medical Associates Of Nwa, PA
Entity: Professional Association
Location: Fayetteville, ARTweet This • Search All PPP Data
Medical Associates Of Nwa, PA is a professional association located at 3383 N Mana Ct Suite 201 in Fayetteville, Arkansas that received a Coronavirus-related PPP loan from the SBA of $7,258,000.00 in April, 2020.
$ PPP Loan Information
Medical Associates Of Nwa, PA received a Paycheck Protection Loan of $7.26M through ARVEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Medical Associates Of Nwa, PA's total 2019 payroll expenses were approximately $34.84M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $69,677 per employee1.
Business Information - Medical Associates Of Nwa, PA in Fayetteville, AR
3383 N Mana Ct Suite 201
Fayetteville, AR 72703
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AR-03
Similar Companies near Fayetteville
In the Fayetteville area, 56 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 500) and received an average PPP loan of $377,311 (compared to this company's $7.26M).
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NW Arkansas Psychological Group PA
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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, 98% lower than Medical Associates Of Nwa, PA's reported 500 employees, and received an average PPP loan of $138,136, 98% lower than this company's loan of $7.26M.
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