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PPP Loan Data — Paragon 28 Inc,
Englewood, CO
Paragon 28 Inc
Entity: Corporation
Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
Location: Englewood, CO
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Paragon 28 Inc is a corporation located at 14445 Grasslands Drive in Englewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,746,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
200Loan Approved:
2020-04-05Lender:
ZIONS BANK, A DIVISION OFParagon 28 Inc in Englewood, CO received a Paycheck Protection Loan of $3.75M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paragon 28 Inc's total 2019 payroll expenses were approximately $17.98M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $89,923 per employee1.
Business Information - Paragon 28 Inc in Englewood, CO
14445 Grasslands Drive
Englewood, CO 80112
Business Industry
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (NAICS code 423450)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-04Similar Companies near Englewood
In the Englewood area, 17 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 200) and received an average PPP loan of $412,911 (compared to this company's $3.75M).
Similar Nearby Businesses Who Received PPP Funding:
Aegis Spine Inc
Englewood, CO
Denver Optic Ocular Prosthetics Co Inc
Englewood, CO
Preferred Medical Products Incorporated
Centennial, CO
Sontec Instruments Inc
Centennial, CO
Advantien Surgical Solutions LLC
Greenwood Village, CO
Helm Surgical Systems
Greenwood Village, CO
Ascent Respiratory Care
Greenwood Vlg, CO
Benevolent Healthcare Foundation
Englewood, CO
Industry PPP Comparison Statistics
Nationwide, 8,635 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a total of $1,055,539,669.00 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 9 employees, 96% lower than Paragon 28 Inc's reported 200 employees, and received an average PPP loan of $122,240, 97% lower than this company's loan of $3.75M.
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, and is published unmodified, as provided by the SBA.
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.
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