PPP Loan Data — MLF Group LLC, Eugene, OR
MLF Group LLC is a limited liability company (LLC) located at 86776 Mcvay Highway in Eugene, Oregon that received a Coronavirus-related PPP loan from the SBA of $5,449,700.00 in April, 2020.
$ PPP Loan Information
MLF Group LLC received a Paycheck Protection Loan of $5.45M through UMPQUA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, MLF Group LLC's total 2019 payroll expenses were approximately $26.16M in order to qualify for the PPP loan amount received.
Based on their reported 363 jobs retained, this equals an estimated average yearly compensation of $72,062 per employee1.
Business Information - MLF Group LLC in Eugene, OR
86776 Mcvay Highway
Eugene, OR 97405
Local Messengers and Local Delivery (NAICS code 492210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-04
Similar Companies near Eugene
In the Eugene area, 2 businesses in the "Local Messengers and Local Delivery" industry received a PPP loan. These local businesses reported an average of 193 employees (compared to this company's 363) and received an average PPP loan of $2,797,705 (compared to this company's $5.45M).
Similar Nearby Businesses Who Received PPP Funding:
Timmahs Truckin Service Inc.
Industry PPP Comparison Statistics
Nationwide, 3,342 businesses in the "Local Messengers and Local Delivery" industry received a total of $226,849,240.00 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 9 employees, 98% lower than MLF Group LLC's reported 363 employees, and received an average PPP loan of $67,878, 99% lower than this company's loan of $5.45M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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