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PPP Loan Data — Metro Athletic Medicine And Fitness, PC,
New York, NY
Metro Athletic Medicine And Fitness, PC
Entity: Subchapter S Corporation
Industry: Offices of Physical, Occupational and Speech Therapists, and Audiologists
Location: New York, NY
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Metro Athletic Medicine And Fitness, PC is a subchapter s corporation located at 160 East 56th Street in New York, New York that received a Coronavirus-related PPP loan from the SBA of $3,246,390.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
185Loan Approved:
2020-04-14Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONMetro Athletic Medicine And Fitness, PC in New York, NY received a Paycheck Protection Loan of $3.25M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Metro Athletic Medicine And Fitness, PC's total 2019 payroll expenses were approximately $15.58M in order to qualify for the PPP loan amount received.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $84,231 per employee1.
Business Information - Metro Athletic Medicine And Fitness, PC in New York, NY
160 East 56th Street
New York, NY 10022
Business Industry
Offices of Physical, Occupational and Speech Therapists, and Audiologists (NAICS code 621340)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Similar Companies near New York
In the New York area, 52 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 185) and received an average PPP loan of $161,455 (compared to this company's $3.25M).
Similar Nearby Businesses Who Received PPP Funding:
Gary Guerriero PT, PC
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Jumping Jax Therapy
New York, NY
Eastside Rehab Physical Therapy PC
New York, NY
Talk The Talk Slp PLLC
New York, NY
Michael J. Pinto
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Ann Lang
New York, NY
Meloe And Gow, PT, PLLC
New York, NY
Tara Mcnamara
New York, NY
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, 96% lower than Metro Athletic Medicine And Fitness, PC's reported 185 employees, and received an average PPP loan of $79,587, 98% lower than this company's loan of $3.25M.
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, 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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