PPP Loan Data — New Jersey Urology, LLC, Bloomfield, NJ
New Jersey Urology, LLC
Entity: Limited Liability Company (LLC)
Location: Bloomfield, NJTweet This • Search All PPP Data
New Jersey Urology, LLC is a limited liability company (LLC) located at 1515 Broad St in Bloomfield, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,649,812.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
New Jersey Urology, LLC in Bloomfield, NJ received a Paycheck Protection Loan of $4.65M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, New Jersey Urology, LLC's total 2019 payroll expenses were approximately $22.32M in order to qualify for the PPP loan amount received.
Based on their reported 268 jobs retained, this equals an estimated average yearly compensation of $83,280 per employee1.
Business Information - New Jersey Urology, LLC in Bloomfield, NJ
1515 Broad St
Bloomfield, NJ 07003
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-11
Similar Companies near Bloomfield
In the Bloomfield area, 54 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 268) and received an average PPP loan of $240,094 (compared to this company's $4.65M).
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Hemlata Bhatia, MD
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, 96% lower than New Jersey Urology, LLC's reported 268 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.65M.
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