PPP Loan Data — Pulmonary Physicians Of South Florida, LLC, Miami, FL
Pulmonary Physicians Of South Florida, LLC
Entity: Limited Liability Company (LLC)
Location: Miami, FLTweet This • Search All PPP Data
Pulmonary Physicians Of South Florida, LLC is a limited liability company (LLC) located at 8600 Sw 92nd St Suite 204a in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $2,396,100.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Pulmonary Physicians Of South Florida, LLC in Miami, FL received a Paycheck Protection Loan of $2.4M through Professional Bank, which was approved in April, 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, Pulmonary Physicians Of South Florida, LLC's 2019 payroll expenses are estimated to be at least $11.5M.
Based on their reported 176 jobs retained, this equals an estimated average yearly compensation of $65,348 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pulmonary Physicians Of South Florida, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,396,100
Business Information - Pulmonary Physicians Of South Florida, LLC in Miami, FL
8600 Sw 92nd St Suite 204a
Miami, FL 33156
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miami
In the Miami area, 285 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 176) and received an average PPP loan of $61,083 (compared to this company's $2.4M).
Similar Nearby Businesses Who Received PPP Funding:
Anselmo H Humaran MD
Amanda Gomez Aguila
Prager, Simon And Associates LLP
Cutler Bay, FL
Wolfsdorf Raszynski Sussmane MD PA
Palmetto Bay, FL
Alfredo Hevia MD., PA
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, 94% lower than Pulmonary Physicians Of South Florida, LLC's reported 176 employees, and received an average PPP loan of $119,087, 95% lower than this company's loan of $2.4M.
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