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PPP Loan Data — Upperline Health, Inc, Nashville, TN

SBA PPP loan data, payroll data, and salaries for Upperline Health, Inc
TN

Upperline Health, Inc

Entity: Corporation

Industry: Offices of Podiatrists

Location: Nashville, TN

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Upperline Health, Inc is a corporation located at 102 Woodmont Blvd in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $3,074,367.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.07M

Jobs Retained:

327

Loan Approved:

2020-04-06

Lender:

TRUXTON TRUST COMPANY

Upperline Health, Inc in Nashville, TN received a Paycheck Protection Loan of $3.07M through TRUXTON TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Upperline Health, Inc's total 2019 payroll expenses were approximately $14.76M in order to qualify for the PPP loan amount received.

Based on their reported 327 jobs retained, this equals an estimated average yearly compensation of $45,128 per employee1.

Because the loan received by Upperline Health, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Upperline Health, Inc in Nashville, TN

Upperline Health, Inc
102 Woodmont Blvd
Nashville, TN 37205

Business Industry

Offices of Podiatrists (NAICS code 621391)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TN-05

Similar Companies near Nashville

In the Nashville area, 2 businesses in the "Offices of Podiatrists" industry received a PPP loan. These local businesses reported an average of 165 employees (compared to this company's 327) and received an average PPP loan of $1,555,881 (compared to this company's $3.07M).

Similar Nearby Businesses Who Received PPP Funding:

Theresa Ann Tlapek DBA Belle Meade Podiatry
Nashville, TN

$37,395 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 4,467 businesses in the "Offices of Podiatrists" industry received a total of $253,871,359.00 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 5 employees, 98% lower than Upperline Health, Inc's reported 327 employees, and received an average PPP loan of $56,833, 98% lower than this company's loan of $3.07M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/upperline-health-inc-nashville-tn