PPP Loan Data — WMC Physician Practices LLC, Weirton, WV
WMC Physician Practices LLC is a limited liability company (LLC) located at 651 Colliers Way in Weirton, West Virginia that received a Coronavirus-related PPP loan from the SBA of $3,467,058.00 in April, 2020.
$ PPP Loan Information
WMC Physician Practices LLC received a Paycheck Protection Loan of $3.47M through CNB BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, WMC Physician Practices LLC's total 2019 payroll expenses were approximately $16.64M in order to qualify for the PPP loan amount received.
Based on their reported 267 jobs retained, this equals an estimated average yearly compensation of $62,329 per employee1.
Business Information - WMC Physician Practices LLC in Weirton, WV
651 Colliers Way
Weirton, WV 26062
General Medical and Surgical Hospitals (NAICS code 622110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WV-01
Industry PPP Comparison Statistics
Nationwide, 6,339 businesses in the "General Medical and Surgical Hospitals" industry received a total of $3,112,462,478.00 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 40 employees, 85% lower than WMC Physician Practices LLC's reported 267 employees, and received an average PPP loan of $491,002, 86% lower than this company's loan of $3.47M.
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Footnotes & Information
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