PPP Loan Data — Snoqualmie Valley Clinic PLLC, Snoqualmie, WA
Snoqualmie Valley Clinic PLLC
Entity: Limited Liability Company (LLC)
Location: Snoqualmie, WATweet This • Search All PPP Data
Snoqualmie Valley Clinic PLLC is a limited liability company (LLC) located at 38700 Se River Street #400 in Snoqualmie, Washington that received a Coronavirus-related PPP loan from the SBA of $46,367.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Snoqualmie Valley Clinic PLLC in Snoqualmie, WA received a Paycheck Protection Loan of $46,367 through Bank of America, National Association, which was approved in May, 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, Snoqualmie Valley Clinic PLLC's 2019 payroll expenses are estimated to be at least $222,562.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,094 per employee1
Reported PPP Proceed Usage:
On the PPP application, Snoqualmie Valley Clinic PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,367
Business Information - Snoqualmie Valley Clinic PLLC in Snoqualmie, WA
38700 Se River Street #400
Snoqualmie, WA 98065
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Snoqualmie
In the Snoqualmie area, 4 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 6) and received an average PPP loan of $93,692 (compared to this company's $46,367).
Similar Nearby Businesses Who Received PPP Funding:
Advanced Anesthesia Services PLLC
Niazi Licensing Corporation
Northwest Ketamine Clinics PLLC
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, 83% higher than Snoqualmie Valley Clinic PLLC's reported 6 employees, and received an average PPP loan of $119,087, 157% higher than this company's loan of $46,367.
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