PPP Loan Data — Mercy Ships, Lindale, TX
Mercy Ships is a non-profit organization located at 2020 Po Box in Lindale, Texas that received a Coronavirus-related PPP loan from the SBA of $2,884,300.00 in April, 2020.
$ PPP Loan Information
Lender:BTH TEXAS, NATIONAL ASSOCIATION
Mercy Ships received a Paycheck Protection Loan of $2.88M through BTH TEXAS, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mercy Ships' total 2019 payroll expenses were approximately $13.84M in order to qualify for the PPP loan amount received.
Based on their reported 260 jobs retained, this equals an estimated average yearly compensation of $53,249 per employee1.
Business Information - Mercy Ships in Lindale, TX
2020 Po Box
Lindale, TX 75771
Voluntary Health Organizations (NAICS code 813212)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-01
Industry PPP Comparison Statistics
Nationwide, 1,170 businesses in the "Voluntary Health Organizations" industry received a total of $300,865,194.00 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 22 employees, 92% lower than Mercy Ships' reported 260 employees, and received an average PPP loan of $257,150, 91% lower than this company's loan of $2.88M.
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Footnotes & Information
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