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PPP Loan Data — Marin Sanitary Service, San Rafael, CA

SBA PPP loan data, payroll data, and salaries for Marin Sanitary Service
CA

Marin Sanitary Service

Entity: Subchapter S Corporation

Industry: Administration of Air and Water Resource and Solid Waste Management Programs

Location: San Rafael, CA

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Marin Sanitary Service is a subchapter s corporation located at 1050 Anderson Drive in San Rafael, California that received a Coronavirus-related PPP loan from the SBA of $4,575,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.58M

Jobs Retained:

265

Loan Approved:

2020-04-15

Lender:

MECHANICS BANK

Marin Sanitary Service in San Rafael, CA received a Paycheck Protection Loan of $4.58M through MECHANICS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Marin Sanitary Service's total 2019 payroll expenses were approximately $21.96M in order to qualify for the PPP loan amount received.

Based on their reported 265 jobs retained, this equals an estimated average yearly compensation of $82,877 per employee1.

Because the loan received by Marin Sanitary Service is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Marin Sanitary Service in San Rafael, CA

Marin Sanitary Service
1050 Anderson Drive
San Rafael, CA 94901

Business Industry

Administration of Air and Water Resource and Solid Waste Management Programs (NAICS code 924110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-02

Similar Companies near San Rafael

In the San Rafael area, 2 businesses in the "Administration of Air and Water Resource and Solid Waste Management Programs" industry received a PPP loan. These local businesses reported an average of 154 employees (compared to this company's 265) and received an average PPP loan of $2,595,160 (compared to this company's $4.58M).

Industry PPP Comparison Statistics

Nationwide, 216 businesses in the "Administration of Air and Water Resource and Solid Waste Management Programs" industry received a total of $27,707,018.00 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, 96% lower than Marin Sanitary Service's reported 265 employees, and received an average PPP loan of $128,273, 97% lower than this company's loan of $4.58M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/marin-sanitary-service-san-rafael-ca