PPP Loan Data — Missoula Bone & Joint LLC, Missoula, MT
Missoula Bone & Joint LLC
Entity: Limited Liability Company (LLC)
Location: Missoula, MTTweet This • Search All PPP Data
Missoula Bone & Joint LLC is a limited liability company (LLC) located at 2360 Mullan Rd Ste C in Missoula, Montana that received a Coronavirus-related PPP loan from the SBA of $1,970,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 203 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Missoula Bone & Joint LLC in Missoula, MT received a Paycheck Protection Loan of $1.97M through Glacier Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
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, Missoula Bone & Joint LLC's 2019 payroll expenses are estimated to be at least $9.46M.
Based on their reported 203 jobs retained, this equals an estimated average yearly compensation of $46,591 per employee1
Reported PPP Proceed Usage:
On the PPP application, Missoula Bone & Joint LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,970,400
Business Information - Missoula Bone & Joint LLC in Missoula, MT
2360 Mullan Rd Ste C
Missoula, MT 59808
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 Missoula
In the Missoula area, 16 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 203) and received an average PPP loan of $304,120 (compared to this company's $1.97M).
Similar Nearby Businesses Who Received PPP Funding:
Bellamah Vein And Surgery, PLLC
Missoula Anesthesiology PC
Northwest Plastic Surgery Associates PLLC
Newton B Coutinho MD PLLC
Justin A. Jacobson MD LLC
Minh Huynh Family Corporation
Hayes Project, PLLC
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, 95% lower than Missoula Bone & Joint LLC's reported 203 employees, and received an average PPP loan of $119,087, 94% lower than this company's loan of $1.97M.
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Footnotes & Information
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