PPP Loan Data — Uroped Medical P S C, Caguas, PR
Uroped Medical P S C
Entity: Professional Association
Location: Caguas, PRTweet This • Search All PPP Data
Uroped Medical P S C is a professional association located at Hosp Hima Ave Munoz Marin Esq. Degetau in Caguas, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $24,900.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Banco Popular de Puerto Rico
Uroped Medical P S C in Caguas, PR received a Paycheck Protection Loan of $24,900 through Banco Popular de Puerto Rico, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, Uroped Medical P S C's 2019 payroll expenses are estimated to be at least $119,520.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,760 per employee1
Reported PPP Proceed Usage:
On the PPP application, Uroped Medical P S C reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,900
Business Information - Uroped Medical P S C in Caguas, PR
Hosp Hima Ave Munoz Marin Esq. Degetau
Caguas, PR 725
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Caguas
In the Caguas area, 254 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $23,291 (compared to this company's $24,900).
Similar Nearby Businesses Who Received PPP Funding:
Victor Rivera MD
Dra. Johanna L Martinez Rivera
HD Pain Group LLC
Leida J Migenes Varona
Julio A Calcano Perez
Luis R Barreto Sola
Elianette Morales Figueroa
Karilyn Vega Morales
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B 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 11 employees, 450% higher than Uroped Medical P S C's reported 2 employees, and received an average PPP loan of $119,087, 378% higher than this company's loan of $24,900.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!