PPP Loan Data — Metropolitan Assessment & Renewal Centers, LLC, Washington, DC
Metropolitan Assessment & Renewal Centers, LLC
Entity: Limited Liability Company (LLC)
Location: Washington, DCTweet This • Search All PPP Data
Metropolitan Assessment & Renewal Centers, LLC is a limited liability company (LLC) located at 3326 Georgia Ave Nw in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:PNC Bank, National Association
Metropolitan Assessment & Renewal Centers, LLC in Washington, DC received a Paycheck Protection Loan of $25,200 through PNC Bank, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Metropolitan Assessment & Renewal Centers, LLC's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,160 per employee1
Reported PPP Proceed Usage:
On the PPP application, Metropolitan Assessment & Renewal Centers, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Metropolitan Assessment & Renewal Centers, LLC in Washington, DC
3326 Georgia Ave Nw
Washington, DC 20010
Offices of All Other Miscellaneous Health Practitioners
NAICS code 621399
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Washington
In the Washington area, 10 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 6) and received an average PPP loan of $12,402 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Hollace Poole Kavana
Warrick Anesthesia Consulting Group LLC
Industry PPP Comparison Statistics
Nationwide, 64,105 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $2.47B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, 17% lower than Metropolitan Assessment & Renewal Centers, LLC's reported 6 employees, and received an average PPP loan of $38,577, 53% higher than this company's loan of $25,200.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!