PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — UW Physicians Network, Seattle, WA

SBA PPP loan data, payroll data, and salaries for UW Physicians Network
WA Nonprofit Organization

UW Physicians Network

Entity: Non-profit Organization

Industry: Unclassified Establishments

Location: Seattle, WA

Search All PPP Data

UW Physicians Network is a non-profit organization located at 1100 Ne 45th St Ste 500 in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $5,293,447.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$5.29M

Jobs Retained:

403

Loan Approved:

2020-05-01

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

UW Physicians Network received a Paycheck Protection Loan of $5.29M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, UW Physicians Network's total 2019 payroll expenses were approximately $25.41M in order to qualify for the PPP loan amount received.

Based on their reported 403 jobs retained, this equals an estimated average yearly compensation of $63,049 per employee1.

Because the loan received by UW Physicians Network 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 - UW Physicians Network in Seattle, WA

UW Physicians Network
1100 Ne 45th St Ste 500
Seattle, WA 98105

Business Industry

Unclassified Establishments (NAICS code 999990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WA-07

Similar Companies near Seattle

In the Seattle area, 59 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 403) and received an average PPP loan of $136,390 (compared to this company's $5.29M).

Industry PPP Comparison Statistics

Nationwide, 86,245 businesses in the "Unclassified Establishments" industry received a total of $3,723,225,376.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, 99% lower than UW Physicians Network's reported 403 employees, and received an average PPP loan of $43,170, 99% lower than this company's loan of $5.29M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/uw-physicians-network-seattle-wa