PPP Loan Data — Miami Valley Emergency Specialists, LLC, Dayton, OH
Miami Valley Emergency Specialists, LLC
Entity: Limited Liability Company (LLC)
Location: Dayton, OHTweet This • Search All PPP Data
Miami Valley Emergency Specialists, LLC is a limited liability company (LLC) located at 1 Wyoming St in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $1,867,631.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 90 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:The Old Fort Banking Company
Miami Valley Emergency Specialists, LLC in Dayton, OH received a Paycheck Protection Loan of $1.87M through The Old Fort Banking Company, 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, Miami Valley Emergency Specialists, LLC's 2019 payroll expenses are estimated to be at least $8.96M.
Based on their reported 90 jobs retained, this equals an estimated average yearly compensation of $99,607 per employee1
Reported PPP Proceed Usage:
On the PPP application, Miami Valley Emergency Specialists, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,494,105
- Rent: $280,145
- Health Care: $93,382
Business Information - Miami Valley Emergency Specialists, LLC in Dayton, OH
1 Wyoming St
Dayton, OH 45409
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Dayton
In the Dayton area, 19 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 90) and received an average PPP loan of $470,628 (compared to this company's $1.87M).
Similar Nearby Businesses Who Received PPP Funding:
Warwar Eye Group, Inc
Association Eye Phys & Surgeons Inc
Comprehensive Ob/Gyn Associates LLC
Miami Valley Plastic Surgeons Inc
OZA & Oza Mds Inc
Dayton Skin Surgery Center Inc
Womens Medical Care Inc
Advanced Heart & Lung Surgeons, Inc
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B 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 11 employees, 88% lower than Miami Valley Emergency Specialists, LLC's reported 90 employees, and received an average PPP loan of $119,087, 94% lower than this company's loan of $1.87M.
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