PPP Loan Data — Mother Daughter Primary Care Llc4141 NW 5Th Street, Plantation, FL
Mother Daughter Primary Care Llc4141 NW 5Th Street
Entity: Limited Liability Company (LLC)
Location: Plantation, FLTweet This • Search All PPP Data
Mother Daughter Primary Care Llc4141 NW 5Th Street is a limited liability company (LLC) located at 4141 Nw 5th St Ste 102 in Plantation, Florida that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
The company has reported itself as a Black or african american female owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
Mother Daughter Primary Care Llc4141 NW 5Th Street in Plantation, FL received a Paycheck Protection Loan of $25,000 through Bank of America, National Association, which was approved in May, 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 April, 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, Mother Daughter Primary Care Llc4141 NW 5Th Street's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mother Daughter Primary Care Llc4141 NW 5Th Street reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Mother Daughter Primary Care Llc4141 NW 5Th Street in Plantation, FL
4141 Nw 5th St Ste 102
Plantation, FL 33317
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Race: Black or African American
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Plantation
In the Plantation area, 122 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 2) and received an average PPP loan of $52,616 (compared to this company's $25,000).
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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, 450% higher than Mother Daughter Primary Care Llc4141 NW 5Th Street's reported 2 employees, and received an average PPP loan of $119,087, 376% higher than this company's loan of $25,000.
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