PPP Loan Data — MCR Property Management 3, LLC, Dallas, TX
MCR Property Management 3, LLC is a limited liability company (LLC) located at 1503 Lbj Freeway, Ste 300 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,984,708.00 in April, 2020.
$ PPP Loan Information
MCR Property Management 3, LLC in Dallas, TX received a Paycheck Protection Loan of $3.98M through DOMINION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, MCR Property Management 3, LLC's total 2019 payroll expenses were approximately $19.13M in order to qualify for the PPP loan amount received.
Based on their reported 459 jobs retained, this equals an estimated average yearly compensation of $41,670 per employee1.
Business Information - MCR Property Management 3, LLC in Dallas, TX
1503 Lbj Freeway, Ste 300
Dallas, TX 75234
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Dallas
In the Dallas area, 29 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 97 employees (compared to this company's 459) and received an average PPP loan of $1,172,122 (compared to this company's $3.98M).
Similar Nearby Businesses Who Received PPP Funding:
Dhillon Investors, LLC
Peter Scot Investment, LLC
M&M Hotel Venture
Tenth Avenue Hotel Management LLC
MCR Fund Property Management, LLC
Tenth Avenue Conference Management LLC
AUM Sriram, LLC
Feel Good Hotels LLC
Triple Silver Hospitality Cw LLC
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 95% lower than MCR Property Management 3, LLC's reported 459 employees, and received an average PPP loan of $161,149, 96% lower than this company's loan of $3.98M.
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Footnotes & Information
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