PPP Loan Data — Mahogany Run Inc, Tempe, AZ
Mahogany Run Inc is a corporation located at 1830 E Elliot Rd Ste 104 in Tempe, Arizona that received a Coronavirus-related PPP loan from the SBA of $4,161,800.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Mahogany Run Inc in Tempe, AZ received a Paycheck Protection Loan of $4.16M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mahogany Run Inc's total 2019 payroll expenses were approximately $19.98M in order to qualify for the PPP loan amount received.
Based on their reported 406 jobs retained, this equals an estimated average yearly compensation of $49,204 per employee1.
Business Information - Mahogany Run Inc in Tempe, AZ
1830 E Elliot Rd Ste 104
Tempe, AZ 85284
General Automotive Repair (NAICS code 811111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-09
Similar Companies near Tempe
In the Tempe area, 12 businesses in the "General Automotive Repair" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 406) and received an average PPP loan of $411,954 (compared to this company's $4.16M).
Similar Nearby Businesses Who Received PPP Funding:
AZ Auto Air, Inc
Elite Auto Repair Inc
Interstate Custom Repair LLC
Oasis Auto Center Tempe LLC
Bandit Brothers, Inc.
Eclipse Leasing Corp
Lifetime Automotive Services LLC
Industry PPP Comparison Statistics
Nationwide, 53,447 businesses in the "General Automotive Repair" industry received a total of $2,671,701,258.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Mahogany Run Inc's reported 406 employees, and received an average PPP loan of $49,988, 99% lower than this company's loan of $4.16M.
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