PPP Loan Data — Maryfield, Incorporated, High Point, NC
Maryfield, Incorporated is a non-profit organization located at 109 Penny Rd in High Point, North Carolina that received a Coronavirus-related PPP loan from the SBA of $2,548,300.00 in April, 2020.
$ PPP Loan Information
Maryfield, Incorporated received a Paycheck Protection Loan of $2.55M through FIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Maryfield, Incorporated's total 2019 payroll expenses were approximately $12.23M in order to qualify for the PPP loan amount received.
Based on their reported 404 jobs retained, this equals an estimated average yearly compensation of $30,277 per employee1.
Business Information - Maryfield, Incorporated in High Point, NC
109 Penny Rd
High Point, NC 27260
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: NC-13
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 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 69 employees, 83% lower than Maryfield, Incorporated's reported 404 employees, and received an average PPP loan of $576,319, 77% lower than this company's loan of $2.55M.
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Footnotes & Information
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