PPP Loan Data — University Surgical Associates Inc, Rumford, RI
University Surgical Associates Inc
Location: Rumford, RITweet This • Search All PPP Data
University Surgical Associates Inc is a corporation located at 75 Newman Ave 2nd Floor in Rumford, Rhode Island that received a Coronavirus-related PPP loan from the SBA of $4,033,400.00 in April, 2020.
$ PPP Loan Information
Lender:BANK RHODE ISLAND
University Surgical Associates Inc in Rumford, RI received a Paycheck Protection Loan of $4.03M through BANK RHODE ISLAND, which was approved in April, 2020.
Based on standard PPP eligibility rules, University Surgical Associates Inc's total 2019 payroll expenses were approximately $19.36M in order to qualify for the PPP loan amount received.
Based on their reported 196 jobs retained, this equals an estimated average yearly compensation of $98,777 per employee1.
Business Information - University Surgical Associates Inc in Rumford, RI
75 Newman Ave 2nd Floor
Rumford, RI 02916
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: RI-01
Similar Companies near Rumford
In the Rumford area, 4 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 196) and received an average PPP loan of $1,091,779 (compared to this company's $4.03M).
Similar Nearby Businesses Who Received PPP Funding:
Peter C Brasch MD LLC
Eye Stop Inc
University Cardiovascular Surgical Associates, Inc.
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 University Surgical Associates Inc's reported 196 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.03M.
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