PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Stirling Dental Lab, Highland, IN

SBA PPP loan data, payroll data, and salaries for Stirling Dental Lab

Stirling Dental Lab

Entity: Subchapter S Corporation

Industry: Dental Laboratories

Location: Highland, IN

Search All PPP Data

Stirling Dental Lab is a subchapter s corporation located at 2911 Jewett Ave in Highland, Indiana that received a Coronavirus-related PPP loan from the SBA of $52,113.00 in April, 2020.

$ PPP Loan Information
Loan #7136017205

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Paid in Full or Forgiven


First Midwest Bank

Stirling Dental Lab in Highland, IN received a Paycheck Protection Loan of $52,113 through First Midwest 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 February, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Stirling Dental Lab's 2019 payroll expenses are estimated to be at least $250,142.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $50,028 per employee1

Reported PPP Proceed Usage:

On the PPP application, Stirling Dental Lab reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $52,113

Business Information - Stirling Dental Lab in Highland, IN

Stirling Dental Lab
2911 Jewett Ave
Highland, IN 46322

Business Industry:
Dental Laboratories
NAICS code 339116

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Lake County, IN — SBA Office 0562 — Congressional District: IN-01

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Stirling Dental Lab.

Stirling Dental Lab Inc
Dental Laboratories

$52,113 PPP Loan

Similar Companies near Highland

In the Highland area, 4 businesses in the "Dental Laboratories" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 5) and received an average PPP loan of $49,188 (compared to this company's $52,113).

Industry PPP Comparison Statistics

Nationwide, 6,576 businesses in the "Dental Laboratories" industry received a total of $467.63M 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 8 employees, 60% higher than Stirling Dental Lab's reported 5 employees, and received an average PPP loan of $71,111, 36% higher than this company's loan of $52,113.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **