PPP Loan Data — Marc Community Resources, Inc., Mesa, AZ
Marc Community Resources, Inc.
Entity: Non-profit Organization
Location: Mesa, AZTweet This • Search All PPP Data
Marc Community Resources, Inc. is a non-profit organization located at 924 N Country Club Drive in Mesa, Arizona that received a Coronavirus-related PPP loan from the SBA of $4,687,500.00 in May, 2020.
$ PPP Loan Information
Marc Community Resources, Inc. received a Paycheck Protection Loan of $4.69M through MIDFIRST BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Marc Community Resources, Inc.'s total 2019 payroll expenses were approximately $22.5M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $45,000 per employee1.
Business Information - Marc Community Resources, Inc. in Mesa, AZ
924 N Country Club Drive
Mesa, AZ 85201
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-05
Similar Companies near Mesa
In the Mesa area, 2 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 449 employees (compared to this company's 500) and received an average PPP loan of $4,594,200 (compared to this company's $4.69M).
Similar Nearby Businesses Who Received PPP Funding:
Partners In Recovery
Industry PPP Comparison Statistics
Nationwide, 5,494 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a total of $1,342,170,180.00 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 24 employees, 95% lower than Marc Community Resources, Inc.'s reported 500 employees, and received an average PPP loan of $244,297, 95% lower than this company's loan of $4.69M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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