PPP Loan Data — Mission Imports, Laguna Niguel, CA
Entity: Subchapter S Corporation
Location: Laguna Niguel, CATweet This • Search All PPP Data
Mission Imports is a subchapter s corporation located at 1 Star Dr in Laguna Niguel, California that received a Coronavirus-related PPP loan from the SBA of $3,889,100.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST REPUBLIC BANK
Mission Imports in Laguna Niguel, CA received a Paycheck Protection Loan of $3.89M through FIRST REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mission Imports' total 2019 payroll expenses were approximately $18.67M in order to qualify for the PPP loan amount received.
Based on their reported 276 jobs retained, this equals an estimated average yearly compensation of $67,637 per employee1.
Business Information - Mission Imports in Laguna Niguel, CA
1 Star Dr
Laguna Niguel, CA 92677
Automobile and Other Motor Vehicle Merchant Wholesalers (NAICS code 423110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: CA-48
Industry PPP Comparison Statistics
Nationwide, 4,037 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a total of $746,857,572.00 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 15 employees, 95% lower than Mission Imports' reported 276 employees, and received an average PPP loan of $185,003, 95% lower than this company's loan of $3.89M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!