FederalPay.org
PPP Loan Data — New Application,
Waterville, ME
New Application
Entity: Limited Liability Company (LLC)
Industry: Offices of Dentists
Location: Waterville, ME
Tweet This
•
Search All PPP Data
New Application is a limited liability company (LLC) located at 159 Silver Street in Waterville, Maine that received a Coronavirus-related PPP loan from the SBA of $57,412.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
11Loan Approved:
2020-04-08Lender:
CAMDEN NATIONAL BANKNew Application received a Paycheck Protection Loan of $57,412 through CAMDEN NATIONAL BANK, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, New Application's total 2019 payroll expenses were approximately $275,578 in order to qualify for the PPP loan amount received.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $25,053 per employee1.
Business Information - New Application in Waterville, ME
159 Silver Street
Waterville, ME 4901
Business Industry
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: ME-01Similar Companies near Waterville
In the Waterville area, 10 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 11) and received an average PPP loan of $74,039 (compared to this company's $57,412).
Similar Nearby Businesses Who Received PPP Funding:
American Dental Associates PC
Waterville, ME
Paul Dunbar
Winslow, ME
Paul Dunbar
Winslow, ME
Windsor Preventive Dental Care Inc
Waterville, ME
Sapan Bhatt
Waterville, ME
MK Orthodontics, PA
Waterville, ME
Anna V O'Keefe, DMD, PA
Waterville, ME
John P Poirier II DMD
Waterville, ME
Industry PPP Comparison Statistics
Nationwide, 101,110 businesses in the "Offices of Dentists" industry received a total of $8,216,479,982.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 36% lower than New Application's reported 11 employees, and received an average PPP loan of $81,263, 42% higher than this company's loan of $57,412.
New Application
Entity: Non-profit Organization
Industry: Offices of All Other Miscellaneous Health Practitioners
Location: Waterville, ME
Tweet This
•
Search All PPP Data
New Application is a non-profit organization located at 67 Eustis Pkwy in Waterville, Maine that received a Coronavirus-related PPP loan from the SBA of $3,733,133.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
375Loan Approved:
2020-04-08Lender:
CAMDEN NATIONAL BANKNew Application received a Paycheck Protection Loan of $3.73M through CAMDEN NATIONAL BANK, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, New Application's total 2019 payroll expenses were approximately $17.92M in order to qualify for the PPP loan amount received.
Based on their reported 375 jobs retained, this equals an estimated average yearly compensation of $47,784 per employee1.
Business Information - New Application in Waterville, ME
67 Eustis Pkwy
Waterville, ME 4901
Business Industry
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: ME-01Industry PPP Comparison Statistics
Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than New Application's reported 375 employees, and received an average PPP loan of $52,032, 99% lower than this company's loan of $3.73M.
New Application
Entity: Limited Liability Company (LLC)
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Waterville, ME
Tweet This
•
Search All PPP Data
New Application is a limited liability company (LLC) located at 31 Front Street in Waterville, Maine that received a Coronavirus-related PPP loan from the SBA of $600,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
16Loan Approved:
2020-04-07Lender:
CAMDEN NATIONAL BANKNew Application received a Paycheck Protection Loan of $600,000 through CAMDEN NATIONAL BANK, which was approved in April, 2020.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 16 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 29.
Based on standard PPP eligibility rules, New Application's total 2019 payroll expenses were approximately $2.88M (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Because the 16 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Business Information - New Application in Waterville, ME
31 Front Street
Waterville, ME 4901
Business Industry
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: ME-01Similar Companies near Waterville
In the Waterville area, 9 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 16) and received an average PPP loan of $149,231 (compared to this company's $600,000).
Similar Nearby Businesses Who Received PPP Funding:
Waterville Women's Care Inc.
Waterville, ME
Kennebec Medical Consultants LLC
Waterville, ME
Kevin M White, MD
Waterville, ME
Waterville Pediatrics
Waterville, ME
Elias J. Nawfel
Waterville, Maine, ME
Eric P Omsberg, MD
Waterville, ME
John Koons
Waterville, ME
Lynn M Cote DBA Cote Family Practice
Waterville, ME
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, 38% lower than New Application's reported 16 employees, and received an average PPP loan of $138,136, 77% lower than this company's loan of $600,000.
New Application
Entity: Corporation
Industry: Offices of Dentists
Location: Waterville, ME
Tweet This
•
Search All PPP Data
New Application is a corporation located at 57 Silver St in Waterville, Maine that received a Coronavirus-related PPP loan from the SBA of $153,435.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
17Loan Approved:
2020-04-08Lender:
CAMDEN NATIONAL BANKNew Application received a Paycheck Protection Loan of $153,435 through CAMDEN NATIONAL BANK, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, New Application's total 2019 payroll expenses were approximately $736,488 in order to qualify for the PPP loan amount received.
Based on their reported 17 jobs retained, this equals an estimated average yearly compensation of $43,323 per employee1.
Business Information - New Application in Waterville, ME
57 Silver St
Waterville, ME 4901
Business Industry
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: ME-01Similar Companies near Waterville
In the Waterville area, 10 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 17) and received an average PPP loan of $74,039 (compared to this company's $153,435).
Similar Nearby Businesses Who Received PPP Funding:
American Dental Associates PC
Waterville, ME
Paul Dunbar
Winslow, ME
Paul Dunbar
Winslow, ME
Windsor Preventive Dental Care Inc
Waterville, ME
New Application
Waterville, ME
Sapan Bhatt
Waterville, ME
MK Orthodontics, PA
Waterville, ME
Anna V O'Keefe, DMD, PA
Waterville, ME
John P Poirier II DMD
Waterville, ME
Industry PPP Comparison Statistics
Nationwide, 101,110 businesses in the "Offices of Dentists" industry received a total of $8,216,479,982.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 59% lower than New Application's reported 17 employees, and received an average PPP loan of $81,263, 47% lower than this company's loan of $153,435.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!