PPP Loan Data — Tennessee Cancer Specialists, PLLC, Knoxville, TN
Tennessee Cancer Specialists, PLLC
Entity: Limited Liability Company (LLC)
Location: Knoxville, TNTweet This • Search All PPP Data
Tennessee Cancer Specialists, PLLC is a limited liability company (LLC) located at 900 E Hill Ave in Knoxville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,771,255.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Tennessee Cancer Specialists, PLLC in Knoxville, TN received a Paycheck Protection Loan of $2.77M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tennessee Cancer Specialists, PLLC's total 2019 payroll expenses were approximately $13.3M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $53,208 per employee1.
Business Information - Tennessee Cancer Specialists, PLLC in Knoxville, TN
900 E Hill Ave
Knoxville, TN 37915
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-02
Similar Companies near Knoxville
In the Knoxville area, 26 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 250) and received an average PPP loan of $416,798 (compared to this company's $2.77M).
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East Tennessee Surgical Group PC,
Knoxville Center For Internal Medicine
Children's Anesthesiologists, PC
Blount Orthopaedic Associates
GI For Kids PLLC
Womens Care Group, PLLC
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, 96% lower than Tennessee Cancer Specialists, PLLC's reported 250 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $2.77M.
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