PPP Loan Data — West Michigan Cancer Center, Kalamazoo, MI
West Michigan Cancer Center
Entity: Non-profit Organization
Location: Kalamazoo, MITweet This • Search All PPP Data
West Michigan Cancer Center is a non-profit organization located at 200 N. Park in Kalamazoo, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,213,912.00 in May, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
West Michigan Cancer Center in Kalamazoo, MI received a Paycheck Protection Loan of $3.21M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, West Michigan Cancer Center's total 2019 payroll expenses were approximately $15.43M in order to qualify for the PPP loan amount received.
Based on their reported 219 jobs retained, this equals an estimated average yearly compensation of $70,442 per employee1.
Business Information - West Michigan Cancer Center in Kalamazoo, MI
200 N. Park
Kalamazoo, MI 49007
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-06
Similar Companies near Kalamazoo
In the Kalamazoo area, 10 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 219) and received an average PPP loan of $1,280,133 (compared to this company's $3.21M).
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Kalamazoo Anesthesiology, PC
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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, 95% lower than West Michigan Cancer Center's reported 219 employees, and received an average PPP loan of $138,136, 96% lower than this company's loan of $3.21M.
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