PPP Loan Data — Sandra Elder, Marlton, NJ
Entity: Limited Liability Company (LLC)
Location: Marlton, NJTweet This • Search All PPP Data
Sandra Elder is a limited liability company (LLC) located at 771 Route 70 E Ste D150 in Marlton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $121,235.00 in April, 2021.
The company has reported itself as a White female owned business, and employed at least fourteen people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TD Bank, National Association
Sandra Elder in Marlton, NJ received a Paycheck Protection Loan of $121,235 through TD Bank, National Association, which was approved in April, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.
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, Sandra Elder's 2019 payroll expenses are estimated to be at least $581,928.
Based on their reported 14 jobs retained, this equals an estimated average yearly compensation of $41,566 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sandra Elder reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $121,229
- Utilities: $1
Business Information - Sandra Elder in Marlton, NJ
771 Route 70 E Ste D150
Marlton, NJ 8053
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Marlton
In the Marlton area, 108 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 14) and received an average PPP loan of $243,614 (compared to this company's $121,235).
Similar Nearby Businesses Who Received PPP Funding:
Integrated Children's Health
SS Farrow DO LLC
Physician Capital Solutions
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Ronald M Warren MD PC
Delaware Valley Institute Of Fertility & Gentetics PA
Allergic Disease Associates PC
Mount Laurel, NJ
Industry PPP Comparison Statistics
Nationwide, 176,427 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B 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, 21% lower than Sandra Elder's reported 14 employees, and received an average PPP loan of $119,313, 2% lower than this company's loan of $121,235.
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