FederalPay.org
PPP Loan Data — PPH Franchise Holdings LLC,
Phoenix, AZ
FRANCHISE
AZPPH Franchise Holdings LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Miscellaneous Ambulatory Health Care Services
Franchise: Passport Health
Location: Phoenix, AZ
Tweet This
•
Search All PPP Data
PPH Franchise Holdings LLC is a limited liability company (LLC) located at 668 N 44th St Ste 100 in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in February, 2021. This business is a Passport Health franchise.
$
PPP Loan Information
Loan #2238908402
Loan Size:
Jobs Retained:
178Loan Approved:
2021-02-03Loan Status:
Ongoing LoanLender:
Enterprise Bank & TrustPPH Franchise Holdings LLC in Phoenix, AZ received a Paycheck Protection Loan of $2M through Enterprise Bank & Trust, which was approved in February, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, PPH Franchise Holdings LLC's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $53,933 per employee1
Reported PPP Proceed Usage:
On the PPP application, PPH Franchise Holdings LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,994
- Utilities: $1
Business Information - PPH Franchise Holdings LLC in Phoenix, AZ
668 N 44th St Ste 100
Phoenix, AZ 85008
Business Industry:
All Other Miscellaneous Ambulatory Health Care Services
NAICS code 621999
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Phoenix
In the Phoenix area, 7 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 178) and received an average PPP loan of $701,577 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
Heart Of Healing AZ PLLC
Phoenix, AZ
Passport Health, LLC
Phoenix, AZ
All Lab & Drug Test LLC
Phoenix, AZ
PPH Ohio LLC
Phoenix, AZ
Nathaniel Shannon
Phoenix, AZ
Industry PPP Comparison Statistics
Nationwide, 18,445 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1.65B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 93% lower than PPH Franchise Holdings LLC's reported 178 employees, and received an average PPP loan of $89,298, 96% lower than this company's loan of $2M.
FRANCHISE
AZPPH Franchise Holdings LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Miscellaneous Ambulatory Health Care Services
Franchise: Passport Health
Location: Phoenix, AZ
Tweet This
•
Search All PPP Data
PPH Franchise Holdings LLC is a limited liability company (LLC) located at 668 N 44th St in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,563,800.00 in April, 2020. This business is a Passport Health franchise.
$
PPP Loan Information
Loan #1393977106
Loan Size:
Jobs Retained:
274Loan Approved:
2020-04-10Loan Status:
Paid in Full or ForgivenLender:
Enterprise Bank & TrustPPH Franchise Holdings LLC in Phoenix, AZ received a Paycheck Protection Loan of $2.56M through Enterprise Bank & Trust, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in September, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, PPH Franchise Holdings LLC's 2019 payroll expenses are estimated to be at least $12.31M.
Based on their reported 274 jobs retained, this equals an estimated average yearly compensation of $44,913 per employee1
Reported PPP Proceed Usage:
On the PPP application, PPH Franchise Holdings LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,563,800
Business Information - PPH Franchise Holdings LLC in Phoenix, AZ
668 N 44th St
Phoenix, AZ 85008
Business Industry:
All Other Miscellaneous Ambulatory Health Care Services
NAICS code 621999
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as PPH Franchise Holdings LLC.
360 Community Management, LLC
Lessors of Residential Buildings and Dwellings
Similar Companies near Phoenix
In the Phoenix area, 7 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 274) and received an average PPP loan of $701,577 (compared to this company's $2.56M).
Similar Nearby Businesses Who Received PPP Funding:
Heart Of Healing AZ PLLC
Phoenix, AZ
Passport Health, LLC
Phoenix, AZ
All Lab & Drug Test LLC
Phoenix, AZ
PPH Ohio LLC
Phoenix, AZ
Nathaniel Shannon
Phoenix, AZ
Industry PPP Comparison Statistics
Nationwide, 18,445 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1.65B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 96% lower than PPH Franchise Holdings LLC's reported 274 employees, and received an average PPP loan of $89,298, 97% 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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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!