PPP Loan Data — North Clinic PA, Minneapolis, MN
North Clinic PA
Location: Minneapolis, MNTweet This • Search All PPP Data
North Clinic PA is a corporation located at 9201 West Broadway Ave N in Minneapolis, Minnesota that received a Coronavirus-related PPP loan from the SBA of $4,140,712.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 269 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITIZENS INDEPENDENT BANK
North Clinic PA received a Paycheck Protection Loan of $4.14M through CITIZENS INDEPENDENT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, North Clinic PA's total 2019 payroll expenses were approximately $19.88M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $73,886 per employee1.
Business Information - North Clinic PA in Minneapolis, MN
9201 West Broadway Ave N
Minneapolis, MN 55445
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: MN-03
Similar Companies near Minneapolis
In the Minneapolis area, 4 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 68 employees (compared to this company's 269) and received an average PPP loan of $1,044,079 (compared to this company's $4.14M).
Similar Nearby Businesses Who Received PPP Funding:
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Stars And Stripes Anesthesia PLLC
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 North Clinic PA's reported 269 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.14M.
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