PPP Loan Data — Virginia Family Dentistry, PC, Midlothian, VA
Virginia Family Dentistry, PC is a subchapter s corporation located at 1612 Huguenot Rd in Midlothian, Virginia that received a Coronavirus-related PPP loan from the SBA of $5,425,300.00 in April, 2020.
$ PPP Loan Information
Lender:ATLANTIC UNION BANK
Virginia Family Dentistry, PC in Midlothian, VA received a Paycheck Protection Loan of $5.43M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Virginia Family Dentistry, PC's total 2019 payroll expenses were approximately $26.04M in order to qualify for the PPP loan amount received.
Based on their reported 393 jobs retained, this equals an estimated average yearly compensation of $66,263 per employee1.
Business Information - Virginia Family Dentistry, PC in Midlothian, VA
1612 Huguenot Rd
Midlothian, VA 23113
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-07
Similar Companies near Midlothian
In the Midlothian area, 35 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 393) and received an average PPP loan of $243,063 (compared to this company's $5.43M).
Similar Nearby Businesses Who Received PPP Funding:
Thomas A J Olivero Jr DDS Plc
Jeffrey W Beyer DDS Plc
R Adrian Sorenson DDS & William R Monacell DDS, GP
Ronald C Mamrick DDS PC
Alexander N Hawkins DDS PC
Adam P Parker OD PC
Dr Thomas B Padgett PC
Alsamir Family Dentistry, PLLC
Janine Randazzo DMD PC
Industry PPP Comparison Statistics
Nationwide, 101,110 businesses in the "Offices of Dentists" industry received a total of $8,216,479,982.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 98% lower than Virginia Family Dentistry, PC's reported 393 employees, and received an average PPP loan of $81,263, 99% lower than this company's loan of $5.43M.
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Footnotes & Information
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