PPP Loan Data — Performance Occupational Health, Sulphur, LA
Performance Occupational Health
Entity: Limited Liability Company (LLC)
Location: Sulphur, LATweet This • Search All PPP Data
Performance Occupational Health is a limited liability company (LLC) located at 1801 Maplewood Drive in Sulphur, Louisiana that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
The company has reported itself as a White female owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
Performance Occupational Health in Sulphur, LA received a Paycheck Protection Loan of $25,000 through Cross River Bank, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Performance Occupational Health's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Performance Occupational Health reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Performance Occupational Health in Sulphur, LA
1801 Maplewood Drive
Sulphur, LA 70663
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sulphur
In the Sulphur area, 16 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 5) and received an average PPP loan of $141,199 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Jon Gray MD LLC
Calcasieu Family Physicians Apmc
DR. Robert Janot LLC
The Family Practice Center Of Sulphur Limited Liability Comp
The Magnolia Clinic Inc
Maplewood Family Medicine Clinic LLC
Sulphur Surgical Clinic
Sulphur Pediatric Clinic Apmc Inc
Andrew T. Davies MD LLC
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B 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 11 employees, 120% higher than Performance Occupational Health's reported 5 employees, and received an average PPP loan of $119,087, 376% higher than this company's loan of $25,000.
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