PPP Loan Data — Renal Associates Of Lagrange LLC, Columbus, GA
Renal Associates Of Lagrange LLC
Entity: Limited Liability Company (LLC)
Location: Columbus, GATweet This • Search All PPP Data
Renal Associates Of Lagrange LLC is a limited liability company (LLC) located at 6228 Bradley Park Driver Suite A in Columbus, Georgia that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Renal Associates Of Lagrange LLC in Columbus, GA received a Paycheck Protection Loan of $25,000 through Renasant Bank, 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, Renal Associates Of Lagrange LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Renal Associates Of Lagrange LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Renal Associates Of Lagrange LLC in Columbus, GA
6228 Bradley Park Driver Suite A
Columbus, GA 31904
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Columbus
In the Columbus area, 81 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 2) and received an average PPP loan of $120,594 (compared to this company's $25,000).
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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, 450% higher than Renal Associates Of Lagrange LLC's reported 2 employees, and received an average PPP loan of $119,087, 376% higher than this company's loan of $25,000.
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Footnotes & Information
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