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PPP Loan Data — Roy H Hinman, MD, PA,
Saint Augustine, FL
Roy H Hinman, MD, PA
Entity: Corporation
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Saint Augustine, FL
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Roy H Hinman, MD, PA is a corporation located at 100 Arricola Ave in Saint Augustine, Florida that received a Coronavirus-related PPP loan from the SBA of $4,398,881.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 371 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
371Loan Approved:
2020-04-13Lender:
SOUTH STATE BANK, NATIONAL ASSOCIATIONRoy H Hinman, MD, PA in Saint Augustine, FL received a Paycheck Protection Loan of $4.4M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Roy H Hinman, MD, PA's total 2019 payroll expenses were approximately $21.11M in order to qualify for the PPP loan amount received.
Based on their reported 371 jobs retained, this equals an estimated average yearly compensation of $56,913 per employee1.
Business Information - Roy H Hinman, MD, PA in Saint Augustine, FL
100 Arricola Ave
Saint Augustine, FL 32080
Business Industry
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: FL-04Similar Companies near Saint Augustine
In the Saint Augustine area, 29 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 371) and received an average PPP loan of $198,098 (compared to this company's $4.4M).
Similar Nearby Businesses Who Received PPP Funding:
Qixia Huang, MD PA
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Jason Landry, MD, PA
Ponte Vedra Beach, FL
Travis Smith
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Melissa Margaret Swenson
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Aesthetix Plus LLC
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Jorge Buendia, MD, PA
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James M Jones, DO, PA
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Ashfaq Kudia, MD PA
St Augustine, FL
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, 97% lower than Roy H Hinman, MD, PA's reported 371 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.4M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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