PPP Loan Data — Raul Ernesto Loaisiga, MD., PA, Astoria, NY
Raul Ernesto Loaisiga, MD., PA is a corporation located at 2824 Steinway St Unit 231 in Astoria, New York that received a Coronavirus-related PPP loan from the SBA of $45,910.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Raul Ernesto Loaisiga, MD., PA in Astoria, NY received a Paycheck Protection Loan of $45,910 through JPMorgan Chase Bank, National Association, which was approved in May, 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, Raul Ernesto Loaisiga, MD., PA's 2019 payroll expenses are estimated to be at least $220,368.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $36,728 per employee1
Reported PPP Proceed Usage:
On the PPP application, Raul Ernesto Loaisiga, MD., PA reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,910
Business Information - Raul Ernesto Loaisiga, MD., PA in Astoria, NY
2824 Steinway St Unit 231
Astoria, NY 11103
Business Owner Demographics
Ethnicity: Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Raul Ernesto Loaisiga, MD., PA's reported 6 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $45,910.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!