Offices of Physicians

NAICS 6211 · Health Care and Social Assistance sector · 197,264 loans · $22.73B

Total Loans
197,264
Total Approved
$22.73B
Avg $115,222/loan
Loans Forgiven
191,300
97.0% forgiveness rate
Amount Forgiven
$22.36B
Jobs Reported
2,042,661

Businesses and organizations in the Offices of Physicians industry (NAICS code 6211, part of the Health Care and Social Assistance sector) received 197,264 PPP loans totaling $22.73B during the COVID-19 pandemic.

The average loan for this industry was $115,222 — above the national PPP average of approximately $67,000. This reflects the small business character of most participants in this industry, typically sole proprietors and micro-businesses with modest payroll obligations.

97.0% of loans in this industry were forgiven — totaling $22.36B. To qualify for forgiveness, borrowers had to demonstrate that they maintained headcount and compensation levels and used at least 60% of loan proceeds for payroll expenses.

Notable recipients in this industry include TIDEWATER PHYSICIANS MULTISPECIALTY GROUP, P.C. of NEWPORT NEWS, VA ($10,000,000); ORTHOVIRGINIA INC of RICHMOND, VA ($10,000,000); and LOUDOUN MEDICAL GROUP PC of LEESBURG, VA ($10,000,000).

The loan amount distribution for this industry shows a more even spread across loan sizes, suggesting a mix of small and mid-sized businesses. Because borrower names are withheld for loans under $150,000, a substantial portion of recipients in this industry may not appear by name in this dataset.

As part of the broader Health Care and Social Assistance sector — health care, social assistance, and related services. — businesses in NAICS 6211 were particularly positioned as essential workers during the pandemic, with PPP funds helping to maintain health care capacity.

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