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PPP Loan Data — Talemed, LLC,
Loveland, OH
Talemed, LLC
Entity: Sole Proprietorship
Industry: All Other Miscellaneous Ambulatory Health Care Services
Location: Loveland, OH
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Talemed, LLC is a sole proprietorship located at 6279 Tri Ridge Blvd in Loveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $5,563,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-27Lender:
CIVISTA BANKTalemed, LLC received a Paycheck Protection Loan of $5.56M through CIVISTA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Talemed, LLC's total 2019 payroll expenses were approximately $26.7M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $53,405 per employee1.
Business Information - Talemed, LLC in Loveland, OH
6279 Tri Ridge Blvd
Loveland, OH 45140
Business Industry
All Other Miscellaneous Ambulatory Health Care Services (NAICS code 621999)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: OH-02Similar Companies near Loveland
In the Loveland area, 2 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 500) and received an average PPP loan of $2,785,875 (compared to this company's $5.56M).
Similar Nearby Businesses Who Received PPP Funding:
3D Medical, LLC
Loveland, OH
Industry PPP Comparison Statistics
Nationwide, 13,305 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1,358,409,224.00 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 11 employees, 98% lower than Talemed, LLC's reported 500 employees, and received an average PPP loan of $102,098, 98% lower than this company's loan of $5.56M.
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.
Footnotes & Information
1. 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.
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