PPP Loan Data — Mission Aviation Fellowship, Nampa, ID
Mission Aviation Fellowship is a non-profit organization located at 112 N Pilatus Ln in Nampa, Idaho that received a Coronavirus-related PPP loan from the SBA of $2,080,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cass Commercial Bank
Mission Aviation Fellowship in Nampa, ID received a Paycheck Protection Loan of $2.08M through Cass Commercial Bank, 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, Mission Aviation Fellowship's 2019 payroll expenses are estimated to be at least $9.98M.
Based on their reported 199 jobs retained, this equals an estimated average yearly compensation of $50,171 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mission Aviation Fellowship reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,080,000
Business Information - Mission Aviation Fellowship in Nampa, ID
112 N Pilatus Ln
Nampa, ID 83687
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Nampa
In the Nampa area, 11 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 199) and received an average PPP loan of $237,912 (compared to this company's $2.08M).
Similar Nearby Businesses Who Received PPP Funding:
Intermountain District Church Of The Nazarene
Haemker Construction Inc
Higher Ground Worship Center, Inc
One Life Church
Hands Of Hope Northwest LLC
First United Methodist Church Of Nampa Idaho
Messiah Evangelical Lutheran Church, Inc
Zion Evangelical Lutheran Church Of Nampa, Idaho Inc
Industry PPP Comparison Statistics
Nationwide, 123,083 businesses in the "Religious Organizations" industry received a total of $9.27B 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 12 employees, 94% lower than Mission Aviation Fellowship's reported 199 employees, and received an average PPP loan of $75,298, 96% lower than this company's loan of $2.08M.
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Footnotes & Information
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