PPP Loan Data — West Wichita Family Physicians, Wichita, KS
West Wichita Family Physicians
Location: Wichita, KSTweet This • Search All PPP Data
West Wichita Family Physicians is a corporation located at 8200 W Central, Ste 1 in Wichita, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,145,600.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
West Wichita Family Physicians in Wichita, KS received a Paycheck Protection Loan of $3.15M through Emprise Bank, which was approved in April, 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, West Wichita Family Physicians' 2019 payroll expenses are estimated to be at least $15.1M.
Based on their reported 246 jobs retained, this equals an estimated average yearly compensation of $61,378 per employee1
Reported PPP Proceed Usage:
On the PPP application, West Wichita Family Physicians reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,145,600
Business Information - West Wichita Family Physicians in Wichita, KS
8200 W Central, Ste 1
Wichita, KS 67212
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Wichita
In the Wichita area, 19 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 246) and received an average PPP loan of $262,463 (compared to this company's $3.15M).
Similar Nearby Businesses Who Received PPP Funding:
Wichita Rehabilitation Medicine PA
Tyler Physicians, PA
ICT Immediate Care, LLC
Holy Family Medical Inc
Zepick Cardiology PA
Mid Continent Orthopedics PA
Dr Ann Cramer PA
Neurology Center Of Wichita
Spectrum Family Medical Clinic, PA
Industry PPP Comparison Statistics
Nationwide, 166,360 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $20.5B 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 11 employees, 96% lower than West Wichita Family Physicians' reported 246 employees, and received an average PPP loan of $123,209, 96% lower than this company's loan of $3.15M.
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