PPP Loan Data — Sarah J Paikowsky, OD, LLC, Paradise Valley, AZ
Sarah J Paikowsky, OD, LLC is a limited liability company (LLC) located at 5514 E Alan Lane in Paradise Valley, Arizona that received a Coronavirus-related PPP loan from the SBA of $25,300.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Sarah J Paikowsky, OD, LLC in Paradise Valley, AZ received a Paycheck Protection Loan of $25,300 through MidFirst 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, Sarah J Paikowsky, OD, LLC's 2019 payroll expenses are estimated to be at least $121,440.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,720 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sarah J Paikowsky, OD, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,300
Business Information - Sarah J Paikowsky, OD, LLC in Paradise Valley, AZ
5514 E Alan Lane
Paradise Valley, AZ 85253
Offices of Optometrists
NAICS code 621320
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Paradise Valley
In the Paradise Valley area, 4 businesses in the "Offices of Optometrists" 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 $34,635 (compared to this company's $25,300).
Similar Nearby Businesses Who Received PPP Funding:
Stephen Cohen OD PC
MRB Eye Consultants Inc
Classic Eyes Incorporated
Industry PPP Comparison Statistics
Nationwide, 27,285 businesses in the "Offices of Optometrists" industry received a total of $1.98B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 300% higher than Sarah J Paikowsky, OD, LLC's reported 2 employees, and received an average PPP loan of $72,657, 187% higher than this company's loan of $25,300.
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Footnotes & Information
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