PPP Loan Data — Wendy Sanger, DMD, Warren, NJ
Wendy Sanger, DMD is a sole proprietorship located at 5 Mountain Blvd. in Warren, New Jersey that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in July, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Wendy Sanger, DMD in Warren, NJ received a Paycheck Protection Loan of $25,000 through WebBank, which was approved in July, 2020.
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, Wendy Sanger, DMD's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wendy Sanger, DMD reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Wendy Sanger, DMD in Warren, NJ
5 Mountain Blvd.
Warren, NJ 7059
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Warren
In the Warren area, 29 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $61,080 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Joel F. Barsky, DDS
Somerset Prosthodontic Dental
Judy Akhtar DDS LLC
The Center For Dentistry Of
Susanna Kayserman DDS PC
Peter Deschenes DDS
Associated Periodontists LLC
Warren Dental Design
Soft Care Dental Group LLC
Industry PPP Comparison Statistics
Nationwide, 173,521 businesses in the "Offices of Dentists" industry received a total of $14B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 167% higher than Wendy Sanger, DMD's reported 3 employees, and received an average PPP loan of $80,703, 223% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!