PPP Loan Data — Progressive Physician Associates, Inc., Bethlehem, PA
Progressive Physician Associates, Inc.
Location: Bethlehem, PATweet This • Search All PPP Data
Progressive Physician Associates, Inc. is a corporation located at 95 Highland Ave Suite 130 in Bethlehem, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,471,790.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Progressive Physician Associates, Inc. in Bethlehem, PA received a Paycheck Protection Loan of $2.47M through PROVIDENT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Progressive Physician Associates, Inc.'s total 2019 payroll expenses were approximately $11.86M in order to qualify for the PPP loan amount received.
Unlike most businesses, Progressive Physician Associates, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Progressive Physician Associates, Inc. in Bethlehem, PA
95 Highland Ave Suite 130
Bethlehem, PA 18017
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: PA-07
Similar Companies near Bethlehem
In the Bethlehem area, 27 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 0) and received an average PPP loan of $319,511 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
Charles J Incalcaterra, DMD
John W Spurlock MD, PC
Specialty Physician Associates, LLC
Leyla Daneshdoost MD
Michael I Rothman, MD, LLC
Lawrence M Galtman MD PC
Steven M Diamond
East Penn Eye Associates, Inc.
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, and received an average PPP loan of $138,136, 94% lower than this company's loan of $2.47M.
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