PPP Loan Data — South Carolina Pediatric Alliance, LLC, Columbia, SC
South Carolina Pediatric Alliance, LLC
Entity: Limited Liability Company (LLC)
Location: Columbia, SCTweet This • Search All PPP Data
South Carolina Pediatric Alliance, LLC is a limited liability company (LLC) located at 601 Clemson Rd in Columbia, South Carolina that received a Coronavirus-related PPP loan from the SBA of $2,168,770.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Business Development Corporation of South Carolina
South Carolina Pediatric Alliance, LLC in Columbia, SC received a Paycheck Protection Loan of $2.17M through Business Development Corporation of South Carolina, 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, South Carolina Pediatric Alliance, LLC's 2019 payroll expenses are estimated to be at least $10.41M.
Based on their reported 226 jobs retained, this equals an estimated average yearly compensation of $46,062 per employee1
Reported PPP Proceed Usage:
On the PPP application, South Carolina Pediatric Alliance, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,168,770
Business Information - South Carolina Pediatric Alliance, LLC in Columbia, SC
601 Clemson Rd
Columbia, SC 29229
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: Startup, Loan Funds will Open Business
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Columbia
In the Columbia area, 21 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 226) and received an average PPP loan of $171,219 (compared to this company's $2.17M).
Similar Nearby Businesses Who Received PPP Funding:
Renu Health LLC
Lake Carolina Pain And Spine Center
C. Thomas Fitts, III, DMD, PA
Berkeley Endoscopy Center LLC
Emily Self Employment
Emergency Medicine Consult LLC
Sandhills Rheumatology LLC
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, 95% lower than South Carolina Pediatric Alliance, LLC's reported 226 employees, and received an average PPP loan of $119,087, 95% lower than this company's loan of $2.17M.
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Footnotes & Information
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