PPP Loan Data — Proactive MD, Inc, Mauldin, SC
Proactive MD, Inc
Location: Mauldin, SCTweet This • Search All PPP Data
Proactive MD, Inc is a corporation located at 10 Centimeters Dr in Mauldin, South Carolina that received a Coronavirus-related PPP loan from the SBA of $2,592,228.00 in April, 2020.
$ PPP Loan Information
Lender:SOUTH STATE BANK, NATIONAL ASSOCIATION
Proactive MD, Inc received a Paycheck Protection Loan of $2.59M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Proactive MD, Inc's total 2019 payroll expenses were approximately $12.44M in order to qualify for the PPP loan amount received.
Based on their reported 246 jobs retained, this equals an estimated average yearly compensation of $50,580 per employee1.
Business Information - Proactive MD, Inc in Mauldin, SC
10 Centimeters Dr
Mauldin, SC 29662
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SC-04
Similar Companies near Mauldin
In the Mauldin area, 7 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 246) and received an average PPP loan of $452,694 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
Robert L Coles DMD PA
PAlmetto Internal Medicine & Primary Care PA
Oak Tree Podiatry, PA
Upstate Pediatric Speech Therapy Services
Superior Healthcare Physical Medicine Of Mauldin, LLC
Invocare Group Holdings
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, 96% lower than Proactive MD, Inc's reported 246 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $2.59M.
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