PPP Loan Data — Park Marino Convalescent Center Inc., Richmond, CA
Park Marino Convalescent Center Inc.
Entity: Subchapter S Corporation
Location: Richmond, CATweet This • Search All PPP Data
Park Marino Convalescent Center Inc. is a subchapter s corporation located at 136 Washington Ave in Richmond, California that received a Coronavirus-related PPP loan from the SBA of $3,547,515.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 298 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITY NATIONAL BANK
Park Marino Convalescent Center Inc. in Richmond, CA received a Paycheck Protection Loan of $3.55M through CITY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Park Marino Convalescent Center Inc.'s total 2019 payroll expenses were approximately $17.03M in order to qualify for the PPP loan amount received.
Based on their reported 298 jobs retained, this equals an estimated average yearly compensation of $57,141 per employee1.
Business Information - Park Marino Convalescent Center Inc. in Richmond, CA
136 Washington Ave
Richmond, CA 94801
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-11
Similar Companies near Richmond
In the Richmond area, 2 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 184 employees (compared to this company's 298) and received an average PPP loan of $1,980,743 (compared to this company's $3.55M).
Similar Nearby Businesses Who Received PPP Funding:
Park Balboa LP
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 66 employees, 78% lower than Park Marino Convalescent Center Inc.'s reported 298 employees, and received an average PPP loan of $557,944, 84% lower than this company's loan of $3.55M.
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