PPP Loan Data — Structure Medical LLC, Mooresville, NC
Structure Medical LLC is a limited liability company (LLC) located at 123 Cayuga Dr in Mooresville, North Carolina that received a Coronavirus-related PPP loan from the SBA of $5,275,482.00 in April, 2020.
$ PPP Loan Information
Structure Medical LLC received a Paycheck Protection Loan of $5.28M through LIBERTY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Structure Medical LLC's total 2019 payroll expenses were approximately $25.32M in order to qualify for the PPP loan amount received.
Based on their reported 333 jobs retained, this equals an estimated average yearly compensation of $76,043 per employee1.
Business Information - Structure Medical LLC in Mooresville, NC
123 Cayuga Dr
Mooresville, NC 28117
Surgical and Medical Instrument Manufacturing (NAICS code 339112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-13
Industry PPP Comparison Statistics
Nationwide, 2,193 businesses in the "Surgical and Medical Instrument Manufacturing" industry received a total of $649,163,907.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 18 employees, 95% lower than Structure Medical LLC's reported 333 employees, and received an average PPP loan of $296,016, 94% lower than this company's loan of $5.28M.
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Footnotes & Information
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