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PPP Loan Data — Viva Medical Group, LLC,
Richardson, TX
Viva Medical Group, LLC
Entity: Corporation
Industry: Home Health Care Services
Location: Richardson, TX
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Viva Medical Group, LLC is a corporation located at 275 W Campbell Road Ste 400 in Richardson, Texas that received a Coronavirus-related PPP loan from the SBA of $3,360,453.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-27Lender:
BTH TEXAS, NATIONAL ASSOCIATIONViva Medical Group, LLC received a Paycheck Protection Loan of $3.36M through BTH TEXAS, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Viva Medical Group, LLC's total 2019 payroll expenses were approximately $16.13M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $32,260 per employee1.
Business Information - Viva Medical Group, LLC in Richardson, TX
275 W Campbell Road Ste 400
Richardson, TX 75080
Business Industry
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERAN
Congressional District: TX-32Similar Companies near Richardson
In the Richardson area, 40 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 500) and received an average PPP loan of $229,983 (compared to this company's $3.36M).
Similar Nearby Businesses Who Received PPP Funding:
Mathis Therapy - A Therapy Connection, LLC
Richardson, TX
Purity Home Healthcare Inc
Richardson, TX
A - Friendly Home Health Care, LLC
Richardson, TX
On Time Home Health Services LLC
Richardson, TX
Advance Hospice Care Of America Inc
Richardson, TX
Guardian Angels Athome Care Inc
Richardson, TX
Independent Care Agency
Richardson, TX
Peace Home Health Inc
Richardson, TX
Criterion Health Care, Inc.
Richardson, TX
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 34 employees, 93% lower than Viva Medical Group, LLC's reported 500 employees, and received an average PPP loan of $212,236, 94% lower than this company's loan of $3.36M.
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.
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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