PPP Loan Data — Ximedica LLC, Providence, RI
Ximedica LLC is a limited liability company (LLC) located at 55 Dupont Drive in Providence, Rhode Island that received a Coronavirus-related PPP loan from the SBA of $4,916,382.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PACIFIC WESTERN BANK
Ximedica LLC received a Paycheck Protection Loan of $4.92M through PACIFIC WESTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ximedica LLC's total 2019 payroll expenses were approximately $23.6M in order to qualify for the PPP loan amount received.
Unlike most businesses, Ximedica LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Ximedica LLC in Providence, RI
55 Dupont Drive
Providence, RI 2907
Surgical and Medical Instrument Manufacturing (NAICS code 339112)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: RI-01
Similar Companies near Providence
In the Providence area, 2 businesses in the "Surgical and Medical Instrument Manufacturing" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $2,468,608 (compared to this company's $4.92M).
Similar Nearby Businesses Who Received PPP Funding:
Anesthesia Partners Of New England LLC
Industry PPP Comparison Statistics
Nationwide, 2,193 businesses in the "Surgical and Medical Instrument Manufacturing" industry received a total of $649,163,907.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 18 employees, and received an average PPP loan of $296,016, 94% lower than this company's loan of $4.92M.
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Footnotes & Information
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