PPP Loan Data — Moka Corporation, Muskegon, MI
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Moka Corporation is a corporation located at 715 Terrace St, Ste 201 in Muskegon, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,206,400.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Moka Corporation in Muskegon, MI received a Paycheck Protection Loan of $3.21M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Moka Corporation's total 2019 payroll expenses were approximately $15.39M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $61,563 per employee1.
Business Information - Moka Corporation in Muskegon, MI
715 Terrace St, Ste 201
Muskegon, MI 49440
Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-02
Industry PPP Comparison Statistics
Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 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 61 employees, 76% lower than Moka Corporation's reported 250 employees, and received an average PPP loan of $471,460, 85% lower than this company's loan of $3.21M.
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Footnotes & Information
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