PPP Loan Data — Tyler Jorgensen DC. LLC, Palmer, AK
Tyler Jorgensen DC. LLC is a corporation located at 808 S Bailey Street Ste 103 in Palmer, Alaska that received a Coronavirus-related PPP loan from the SBA of $25,274.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First National Bank Alaska
Tyler Jorgensen DC. LLC in Palmer, AK received a Paycheck Protection Loan of $25,274 through First National Bank Alaska, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Tyler Jorgensen DC. LLC's 2019 payroll expenses are estimated to be at least $121,315.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,329 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tyler Jorgensen DC. LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,274
Business Information - Tyler Jorgensen DC. LLC in Palmer, AK
808 S Bailey Street Ste 103
Palmer, AK 99645
Offices of Chiropractors
NAICS code 621310
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Palmer
In the Palmer area, 17 businesses in the "Offices of Chiropractors" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 4) and received an average PPP loan of $65,234 (compared to this company's $25,274).
Similar Nearby Businesses Who Received PPP Funding:
Arctic Chiropractic Bethel
Arctic Chiropractic East Mat-Su, LLC
Arctic Chiropractic Sitka LLC
Arctic Chiropractic Unalaska
Palmer Chiropractic Clinic
Joseph T. Hawkins DBA
Optimum Performance Chiropractic Inc
Industry PPP Comparison Statistics
Nationwide, 49,175 businesses in the "Offices of Chiropractors" industry received a total of $1.52B 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 4 employees, the same amount reported by Tyler Jorgensen DC. LLC and received an average PPP loan of $30,923, 22% higher than this company's loan of $25,274.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!