PPP Loan Data — Mainstream Living, Inc, Ames, IA
Mainstream Living, Inc
Entity: Non-profit Organization
Location: Ames, IATweet This • Search All PPP Data
Mainstream Living, Inc is a non-profit organization located at 2012 East 13th Street in Ames, Iowa that received a Coronavirus-related PPP loan from the SBA of $3,229,002.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:GREAT WESTERN BANK
Mainstream Living, Inc in Ames, IA received a Paycheck Protection Loan of $3.23M through GREAT WESTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mainstream Living, Inc's total 2019 payroll expenses were approximately $15.5M in order to qualify for the PPP loan amount received.
Unlike most businesses, Mainstream Living, Inc'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 - Mainstream Living, Inc in Ames, IA
2012 East 13th Street
Ames, IA 50010
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IA-04
Industry PPP Comparison Statistics
Nationwide, 2,121 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a total of $773,399,773.00 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 38 employees, and received an average PPP loan of $364,639, 89% lower than this company's loan of $3.23M.
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Footnotes & Information
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