PPP Loan Data — Premier Medical Group Of The Hudson Valley PC, Poughkeepsie, NY
Premier Medical Group Of The Hudson Valley PC
Entity: Subchapter S Corporation
Location: Poughkeepsie, NYTweet This • Search All PPP Data
Premier Medical Group Of The Hudson Valley PC is a subchapter s corporation located at 243 North Road Suite 304 in Poughkeepsie, New York that received a Coronavirus-related PPP loan from the SBA of $4,959,635.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Premier Medical Group Of The Hudson Valley PC received a Paycheck Protection Loan of $4.96M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Premier Medical Group Of The Hudson Valley PC's total 2019 payroll expenses were approximately $23.81M in order to qualify for the PPP loan amount received.
Based on their reported 336 jobs retained, this equals an estimated average yearly compensation of $70,852 per employee1.
Business Information - Premier Medical Group Of The Hudson Valley PC in Poughkeepsie, NY
243 North Road Suite 304
Poughkeepsie, NY 12601
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-18
Similar Companies near Poughkeepsie
In the Poughkeepsie area, 23 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 336) and received an average PPP loan of $484,311 (compared to this company's $4.96M).
Similar Nearby Businesses Who Received PPP Funding:
Hudson Valley Hematology Oncology Associates, Rrlp
New Beginnings Surgery, PC
Central New York Eye Center, LTD
Mid-Hudson Primary Medical Care, PLLC
Azalea Neuro & Spine Clinic, PC, Inc
Enisman Freedman Sepulveda, Plastic Surgeons PC
Anthony J Bacchi Medicine PLLC
Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 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 10 employees, 97% lower than Premier Medical Group Of The Hudson Valley PC's reported 336 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.96M.
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Footnotes & Information
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