PPP Loan Data — Western New York Dental Group, PC, Buffalo, NY
Western New York Dental Group, PC is a subchapter s corporation located at 1020, Youngs Rd in Buffalo, New York that received a Coronavirus-related PPP loan from the SBA of $3,516,800.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Western New York Dental Group, PC in Buffalo, NY received a Paycheck Protection Loan of $3.52M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Western New York Dental Group, PC's total 2019 payroll expenses were approximately $16.88M in order to qualify for the PPP loan amount received.
Based on their reported 289 jobs retained, this equals an estimated average yearly compensation of $58,411 per employee1.
Business Information - Western New York Dental Group, PC in Buffalo, NY
1020, Youngs Rd
Buffalo, NY 14221
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-26
Similar Companies near Buffalo
In the Buffalo area, 45 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 289) and received an average PPP loan of $186,455 (compared to this company's $3.52M).
Similar Nearby Businesses Who Received PPP Funding:
Suburban Oral & Maxillofacial Surgery Associates PC
Mary Elizabeth Dunn, DDS PC
Eric E Vetterdds
Robert A Chmiel, DDS
Concierge Dental Group
Graziano & Tagouri, LLP
Amy Richter DMD MS PC
Buffalo Dental Group, LLP
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 Western New York Dental Group, PC's reported 289 employees, and received an average PPP loan of $81,263, 98% lower than this company's loan of $3.52M.
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Footnotes & Information
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