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PPP Loan Data — Smile Design Dentistry St Pete LLC,
Saint Petersburg, FL
Smile Design Dentistry St Pete LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Dentists
Location: Saint Petersburg, FL
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Smile Design Dentistry St Pete LLC is a limited liability company (LLC) located at 3863 Central Avenue in Saint Petersburg, Florida that received a Coronavirus-related PPP loan from the SBA of $2,660,627.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
293Loan Approved:
2020-04-15Lender:
VALLEY NATIONAL BANKSmile Design Dentistry St Pete LLC in Saint Petersburg, FL received a Paycheck Protection Loan of $2.66M through VALLEY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Smile Design Dentistry St Pete LLC's total 2019 payroll expenses were approximately $12.77M in order to qualify for the PPP loan amount received.
Based on their reported 293 jobs retained, this equals an estimated average yearly compensation of $43,587 per employee1.
Business Information - Smile Design Dentistry St Pete LLC in Saint Petersburg, FL
3863 Central Avenue
Saint Petersburg, FL 33713
Business Industry
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-13Similar Companies near Saint Petersburg
In the Saint Petersburg area, 6 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 55 employees (compared to this company's 293) and received an average PPP loan of $507,538 (compared to this company's $2.66M).
Similar Nearby Businesses Who Received PPP Funding:
Spilman Dentistry, PA
St. Petersburg, FL
Golbarg D Smith DMD PA
Saint Petersburg, FL
Remal PAtel DMD PA
Saint Petersburg, FL
Lawrence N Klein DDS PA
Saint Petersburg, FL
Ronak J Shukla, LLC
St Petersburg, FL
Industry PPP Comparison Statistics
Nationwide, 101,110 businesses in the "Offices of Dentists" industry received a total of $8,216,479,982.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 98% lower than Smile Design Dentistry St Pete LLC's reported 293 employees, and received an average PPP loan of $81,263, 97% lower than this company's loan of $2.66M.
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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