PPP Loan Data — Mariners Church, Irvine, CA
Mariners Church is a non-profit organization located at 5001 Newport Coast Drive in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $2,700,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FARMERS & MERCHANTS BANK OF LONG BEACH
Mariners Church in Irvine, CA received a Paycheck Protection Loan of $2.7M through FARMERS & MERCHANTS BANK OF LONG BEACH, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mariners Church's total 2019 payroll expenses were approximately $12.96M in order to qualify for the PPP loan amount received.
Unlike most businesses, Mariners Church'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 - Mariners Church in Irvine, CA
5001 Newport Coast Drive
Irvine, CA 92603
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 17 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 0) and received an average PPP loan of $295,338 (compared to this company's $2.7M).
Similar Nearby Businesses Who Received PPP Funding:
Friends Of Chabad Of Hebron, Inc
Irvine Baptist Church Revival Committee
The Hillel Foundation Of Orange County
St. John Neumann Church
Woodbridge Community Church
St Thomas More Parish
St. Paul's Greek Orthodox Church
Crystal Cathedral Ministries
Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, and received an average PPP loan of $80,782, 97% lower than this company's loan of $2.7M.
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Footnotes & Information
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