FederalPay.org
PPP Loan Data — Path Medical Center Holdings Inc.,
Oakland Park, FL
Path Medical Center Holdings Inc.
Entity: Corporation
Industry: Offices of Chiropractors
Location: Oakland Park, FL
Tweet This
•
Search All PPP Data
Path Medical Center Holdings Inc. is a corporation located at 2304 W. Oakland Park Blvd in Oakland Park, Florida that received a Coronavirus-related PPP loan from the SBA of $2,555,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
367Loan Approved:
2020-04-14Lender:
BANKUNITED, NATIONAL ASSOCIATIONPath Medical Center Holdings Inc. in Oakland Park, FL received a Paycheck Protection Loan of $2.56M through BANKUNITED, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Path Medical Center Holdings Inc.'s total 2019 payroll expenses were approximately $12.27M in order to qualify for the PPP loan amount received.
Based on their reported 367 jobs retained, this equals an estimated average yearly compensation of $33,427 per employee1.
Business Information - Path Medical Center Holdings Inc. in Oakland Park, FL
2304 W. Oakland Park Blvd
Oakland Park, FL 33311
Business Industry
Offices of Chiropractors (NAICS code 621310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-20Similar Companies near Oakland Park
In the Oakland Park area, 13 businesses in the "Offices of Chiropractors" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 367) and received an average PPP loan of $231,240 (compared to this company's $2.56M).
Similar Nearby Businesses Who Received PPP Funding:
Pompano Spine Center LLC
Oakland Park, FL
Kenya C Mccloud DCPA Inc
Lauderhill, FL
Kenel Cazeau
Fort Lauderdale, FL
Providence Health Management Inc
Fort Lauderdale, FL
Oakland Park Spinal Care Inc
Oakland Park, FL
Ideal Choice Chiropractic Inc
Fort Lauderdale, FL
DSE Health Systems. Inc
Lauderdale Lakes, FL
Darin L Bush DO PA
Fort Lauderdale, FL
Industry PPP Comparison Statistics
Nationwide, 31,266 businesses in the "Offices of Chiropractors" industry received a total of $986,080,975.00 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 4 employees, 99% lower than Path Medical Center Holdings Inc.'s reported 367 employees, and received an average PPP loan of $31,538, 99% lower than this company's loan of $2.56M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!