PPP Loan Data — MC Painting, Oceanside, CA
MC Painting is a corporation located at 504 Jones Rd in Oceanside, California that received a Coronavirus-related PPP loan from the SBA of $2,987,807.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 248 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF THE WEST
MC Painting in Oceanside, CA received a Paycheck Protection Loan of $2.99M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, MC Painting's total 2019 payroll expenses were approximately $14.34M in order to qualify for the PPP loan amount received.
Based on their reported 248 jobs retained, this equals an estimated average yearly compensation of $57,829 per employee1.
Business Information - MC Painting in Oceanside, CA
504 Jones Rd
Oceanside, CA 92058
Painting and Wall Covering Contractors (NAICS code 238320)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-49
Similar Companies near Oceanside
In the Oceanside area, 4 businesses in the "Painting and Wall Covering Contractors" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 248) and received an average PPP loan of $820,560 (compared to this company's $2.99M).
Similar Nearby Businesses Who Received PPP Funding:
Hazard Painting Inc.
Painters Unlimited CA, Inc
Industry PPP Comparison Statistics
Nationwide, 19,970 businesses in the "Painting and Wall Covering Contractors" industry received a total of $1,410,716,974.00 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 6 employees, 98% lower than MC Painting's reported 248 employees, and received an average PPP loan of $70,642, 98% lower than this company's loan of $2.99M.
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