PPP Loan Data — UB Neurosurgery, Inc, Buffalo, NY
UB Neurosurgery, Inc
Location: Buffalo, NYTweet This • Search All PPP Data
UB Neurosurgery, Inc is a corporation located at 40 George Karl Boulevard in Buffalo, New York that received a Coronavirus-related PPP loan from the SBA of $2,533,045.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
UB Neurosurgery, Inc in Buffalo, NY received a Paycheck Protection Loan of $2.53M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, UB Neurosurgery, Inc's total 2019 payroll expenses were approximately $12.16M in order to qualify for the PPP loan amount received.
Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $61,407 per employee1.
Business Information - UB Neurosurgery, Inc in Buffalo, NY
40 George Karl Boulevard
Buffalo, NY 14221
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-26
Similar Companies near Buffalo
In the Buffalo area, 93 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 198) and received an average PPP loan of $365,412 (compared to this company's $2.53M).
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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, 95% lower than UB Neurosurgery, Inc's reported 198 employees, and received an average PPP loan of $138,136, 95% lower than this company's loan of $2.53M.
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