PPP Loan Data — Last Mile Inc, Scottsdale, AZ
Last Mile Inc is a subchapter s corporation located at 10632 N Scottsdale Rd Ste 601 in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,500,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 200 people during the applicable loan loan period.
$ PPP Loan Information
Lender:AMERICAN EXPRESS NATIONAL BANK
Last Mile Inc received a Paycheck Protection Loan of $2.5M through AMERICAN EXPRESS NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Last Mile Inc's total 2019 payroll expenses were approximately $12M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1.
Business Information - Last Mile Inc in Scottsdale, AZ
10632 N Scottsdale Rd Ste 601
Scottsdale, AZ 85254
Couriers and Express Delivery Services (NAICS code 492110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: AZ-06
Similar Companies near Scottsdale
In the Scottsdale area, 4 businesses in the "Couriers and Express Delivery Services" industry received a PPP loan. These local businesses reported an average of 75 employees (compared to this company's 200) and received an average PPP loan of $840,339 (compared to this company's $2.5M).
Similar Nearby Businesses Who Received PPP Funding:
JT Logistics Inc
Liberty Logistics LLC
Industry PPP Comparison Statistics
Nationwide, 5,089 businesses in the "Couriers and Express Delivery Services" industry received a total of $466,737,431.00 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 11 employees, 95% lower than Last Mile Inc's reported 200 employees, and received an average PPP loan of $91,715, 96% lower than this company's loan of $2.5M.
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Footnotes & Information
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