PPP Loan Data — Oncology Specialties PC, Huntsville, AL
Oncology Specialties PC is a corporation located at 2601 Cci Dr in Huntsville, Alabama that received a Coronavirus-related PPP loan from the SBA of $5,149,600.00 in April, 2020.
$ PPP Loan Information
Oncology Specialties PC received a Paycheck Protection Loan of $5.15M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Oncology Specialties PC's total 2019 payroll expenses were approximately $24.72M in order to qualify for the PPP loan amount received.
Based on their reported 440 jobs retained, this equals an estimated average yearly compensation of $56,177 per employee1.
Business Information - Oncology Specialties PC in Huntsville, AL
2601 Cci Dr
Huntsville, AL 35805
Offices of Physicians, Mental Health Specialists (NAICS code 621112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-05
Similar Companies near Huntsville
In the Huntsville area, 4 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a PPP loan. These local businesses reported an average of 112 employees (compared to this company's 440) and received an average PPP loan of $1,303,212 (compared to this company's $5.15M).
Similar Nearby Businesses Who Received PPP Funding:
North Alabama Psychiatric Associates, PC
Ledbetter Psychological Services, LLC
Industry PPP Comparison Statistics
Nationwide, 13,272 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1,260,960,972.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 98% lower than Oncology Specialties PC's reported 440 employees, and received an average PPP loan of $95,009, 98% lower than this company's loan of $5.15M.
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Footnotes & Information
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