PPP Loan Data — San Juan Plastic Surgery, LLC, Farmington, NM
San Juan Plastic Surgery, LLC
Entity: Limited Liability Company (LLC)
Location: Farmington, NMTweet This • Search All PPP Data
San Juan Plastic Surgery, LLC is a limited liability company (LLC) located at 2300 E 30th Street, Bldg B, Suite 103 in Farmington, New Mexico that received a Coronavirus-related PPP loan from the SBA of $45,800.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Citizens Bank
San Juan Plastic Surgery, LLC in Farmington, NM received a Paycheck Protection Loan of $45,800 through The Citizens 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, San Juan Plastic Surgery, LLC's 2019 payroll expenses are estimated to be at least $219,840.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $54,960 per employee1
Reported PPP Proceed Usage:
On the PPP application, San Juan Plastic Surgery, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $35,801
- Utilities: $800
- Rent: $9,199
Business Information - San Juan Plastic Surgery, LLC in Farmington, NM
2300 E 30th Street, Bldg B, Suite 103
Farmington, NM 87401
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Farmington
In the Farmington area, 48 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 4) and received an average PPP loan of $150,739 (compared to this company's $45,800).
Similar Nearby Businesses Who Received PPP Funding:
Reliance Medical Group, LLC
Adams Plastic Surgery PC
Ronald S Bliss, MD, PC
San Juan Oncology Associates Inc
Southwest Obstetrics And Gynecology, PC
Macey D. Bray DO. PC
Orthopedic Associates PA
Pinon Hills Ear, Nose, And Throat Associates, PA
Farmington Internal Medicine, 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, 175% higher than San Juan Plastic Surgery, LLC's reported 4 employees, and received an average PPP loan of $119,087, 160% higher than this company's loan of $45,800.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!