PPP Loan Data — MAR-Can Transportation Company, Inc., Mount Vernon, NY
MAR-Can Transportation Company, Inc. is a subchapter s corporation located at 318 East Third in Mount Vernon, New York that received a Coronavirus-related PPP loan from the SBA of $2,709,200.00 in June, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CAPITAL ONE, NATIONAL ASSOCIATION
MAR-Can Transportation Company, Inc. received a Paycheck Protection Loan of $2.71M through CAPITAL ONE, NATIONAL ASSOCIATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, MAR-Can Transportation Company, Inc.'s total 2019 payroll expenses were approximately $13M in order to qualify for the PPP loan amount received.
Unlike most businesses, MAR-Can Transportation Company, 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 - MAR-Can Transportation Company, Inc. in Mount Vernon, NY
318 East Third
Mount Vernon, NY 10553
School and Employee Bus Transportation (NAICS code 485410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-16
Similar Companies near Mount Vernon
In the Mount Vernon area, 3 businesses in the "School and Employee Bus Transportation" 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 $1,548,992 (compared to this company's $2.71M).
Similar Nearby Businesses Who Received PPP Funding:
Mount Vernon, NY
IVA Anica Green
Mount Vernon, NY
Industry PPP Comparison Statistics
Nationwide, 1,324 businesses in the "School and Employee Bus Transportation" industry received a total of $291,070,688.00 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 35 employees, and received an average PPP loan of $219,842, 92% lower than this company's loan of $2.71M.
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Footnotes & Information
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