PPP Loan Data — Valley Medical Group, PC, Greenfield, MA
Valley Medical Group, PC
Location: Greenfield, MATweet This • Search All PPP Data
Valley Medical Group, PC is a corporation located at 329 Conway St in Greenfield, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $5,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Valley Medical Group, PC received a Paycheck Protection Loan of $5M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Valley Medical Group, PC's total 2019 payroll expenses were approximately $24M in order to qualify for the PPP loan amount received.
Based on their reported 431 jobs retained, this equals an estimated average yearly compensation of $55,684 per employee1.
Business Information - Valley Medical Group, PC in Greenfield, MA
329 Conway St
Greenfield, MA 1301
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-02
Similar Companies near Greenfield
In the Greenfield area, 3 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 146 employees (compared to this company's 431) and received an average PPP loan of $1,694,011 (compared to this company's $5M).
Similar Nearby Businesses Who Received PPP Funding:
Austin Family Eye Care PC
Margaret A Ferry MD, PC
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, 98% lower than Valley Medical Group, PC's reported 431 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $5M.
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