PPP Loan Data — On Q Financial, Inc., Tempe, AZ
On Q Financial, Inc. is a subchapter s corporation located at 615 S. River Dr., Ste. 170 in Tempe, Arizona that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
On Q Financial, Inc. received a Paycheck Protection Loan of $10M through MIDFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, On Q Financial, Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 481 jobs retained, this equals an estimated average yearly compensation of $99,792 per employee1.
Business Information - On Q Financial, Inc. in Tempe, AZ
615 S. River Dr., Ste. 170
Tempe, AZ 85281
Other Activities Related to Credit Intermediation (NAICS code 522390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-09
Similar Companies near Tempe
In the Tempe area, 2 businesses in the "Other Activities Related to Credit Intermediation" industry received a PPP loan. These local businesses reported an average of 243 employees (compared to this company's 481) and received an average PPP loan of $5,021,999 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Sultan Enterprises Inc.
Industry PPP Comparison Statistics
Nationwide, 1,870 businesses in the "Other Activities Related to Credit Intermediation" industry received a total of $193,934,041.00 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 On Q Financial, Inc.'s reported 481 employees, and received an average PPP loan of $103,708, 99% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Footnotes & Information
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