PPP Loan Data — Robert D. Fabrizio, Baldwin, NY
Robert D. Fabrizio
Entity: Sole Proprietorship
Location: Baldwin, NYTweet This • Search All PPP Data
Robert D. Fabrizio is a sole proprietorship located at 960 Atlantic Avenue in Baldwin, New York that received a Coronavirus-related PPP loan from the SBA of $24,870.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Celtic Bank Corporation
Robert D. Fabrizio in Baldwin, NY received a Paycheck Protection Loan of $24,870 through Celtic Bank Corporation, 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, Robert D. Fabrizio's 2019 payroll expenses are estimated to be at least $119,376.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,688 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robert D. Fabrizio reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,653
- Utilities: $3,109
- Rent: $3,109
Business Information - Robert D. Fabrizio in Baldwin, NY
960 Atlantic Avenue
Baldwin, NY 11510
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Ethnicity: Not 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
Similar Companies near Baldwin
In the Baldwin area, 29 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $37,710 (compared to this company's $24,870).
Similar Nearby Businesses Who Received PPP Funding:
Rachel J. Kuttichira MD PC
Grand Medical Services PC
Jonathan D. Altus, MD.,F.c.c.p., LLC
ZEV Brandel MD
Magdy Shaaban Physician PC
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 Robert D. Fabrizio's reported 2 employees, and received an average PPP loan of $119,087, 379% higher than this company's loan of $24,870.
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