PPP Loan Data — Southview Medical Group PC, Birmingham, AL
Southview Medical Group PC
Location: Birmingham, ALTweet This • Search All PPP Data
Southview Medical Group PC is a corporation located at 833 Saint Vincents Dr in Birmingham, Alabama that received a Coronavirus-related PPP loan from the SBA of $2,996,200.00 in April, 2020.
$ PPP Loan Information
Southview Medical Group PC received a Paycheck Protection Loan of $3M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Southview Medical Group PC's total 2019 payroll expenses were approximately $14.38M in order to qualify for the PPP loan amount received.
Based on their reported 219 jobs retained, this equals an estimated average yearly compensation of $65,670 per employee1.
Business Information - Southview Medical Group PC in Birmingham, AL
833 Saint Vincents Dr
Birmingham, AL 35205
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-07
Similar Companies near Birmingham
In the Birmingham area, 50 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 219) and received an average PPP loan of $317,953 (compared to this company's $3M).
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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, 95% lower than Southview Medical Group PC's reported 219 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $3M.
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