PPP Loan Data — Second Intermed Corporation, Ridgeland, MS
Second Intermed Corporation
Location: Ridgeland, MSTweet This • Search All PPP Data
Second Intermed Corporation is a corporation located at 308 Corporate Dr in Ridgeland, Mississippi that received a Coronavirus-related PPP loan from the SBA of $3,639,995.00 in April, 2020.
$ PPP Loan Information
Second Intermed Corporation in Ridgeland, MS received a Paycheck Protection Loan of $3.64M through BANCORPSOUTH BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Second Intermed Corporation's total 2019 payroll expenses were approximately $17.47M in order to qualify for the PPP loan amount received.
Based on their reported 465 jobs retained, this equals an estimated average yearly compensation of $37,574 per employee1.
Business Information - Second Intermed Corporation in Ridgeland, MS
308 Corporate Dr
Ridgeland, MS 39157
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MS-02
Similar Companies near Ridgeland
In the Ridgeland area, 27 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 465) and received an average PPP loan of $244,196 (compared to this company's $3.64M).
Similar Nearby Businesses Who Received PPP Funding:
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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, 98% lower than Second Intermed Corporation's reported 465 employees, and received an average PPP loan of $138,136, 96% lower than this company's loan of $3.64M.
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