PPP Loan Data — Southpaws Veterinary Clinic, LLC, Maryville, MO
Southpaws Veterinary Clinic, LLC is a limited liability company (LLC) located at 2211 South Main Street in Maryville, Missouri that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least seven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Nodaway Valley Bank
Southpaws Veterinary Clinic, LLC in Maryville, MO received a Paycheck Protection Loan of $25,000 through The Nodaway Valley Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
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, Southpaws Veterinary Clinic, LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,143 per employee1
Reported PPP Proceed Usage:
On the PPP application, Southpaws Veterinary Clinic, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Southpaws Veterinary Clinic, LLC in Maryville, MO
2211 South Main Street
Maryville, MO 64468
NAICS code 541940
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Maryville
In the Maryville area, 4 businesses in the "Veterinary Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 7) and received an average PPP loan of $52,749 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Town And Country Animal Clinic
Maryville Veterinary Clinic LLC
Nodaway Veterinary Clinic Inc
Industry PPP Comparison Statistics
Nationwide, 21,908 businesses in the "Veterinary Services" industry received a total of $2.01B 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 12 employees, 71% higher than Southpaws Veterinary Clinic, LLC's reported 7 employees, and received an average PPP loan of $91,913, 268% higher than this company's loan of $25,000.
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Footnotes & Information
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