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PPP Loan Data — Urology Of Indiana LLC,
Grenwood, IN
Urology Of Indiana LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of All Other Miscellaneous Health Practitioners
Location: Grenwood, IN
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Urology Of Indiana LLC is a limited liability company (LLC) located at 679 E. County Line Road in Grenwood, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,548,150.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
280Loan Approved:
2020-04-08Lender:
THE NATIONAL BANK OF INDIANAPOLISUrology Of Indiana LLC in Grenwood, IN received a Paycheck Protection Loan of $3.55M through THE NATIONAL BANK OF INDIANAPOLIS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Urology Of Indiana LLC's total 2019 payroll expenses were approximately $17.03M in order to qualify for the PPP loan amount received.
Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $60,825 per employee1.
Business Information - Urology Of Indiana LLC in Grenwood, IN
679 E. County Line Road
Grenwood, IN 46143
Business Industry
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IN-07Similar Companies near Grenwood
In the Grenwood area, 10 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 280) and received an average PPP loan of $391,142 (compared to this company's $3.55M).
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Industry PPP Comparison Statistics
Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% 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 Urology Of Indiana LLC's reported 280 employees, and received an average PPP loan of $52,032, 99% lower than this company's loan of $3.55M.
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.
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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