PPP Loan Data — Parking Concepts, Inc., Irvine, CA
Parking Concepts, Inc. is a subchapter s corporation located at 12 Mauchly, Building I in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $4,860,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITY NATIONAL BANK
Parking Concepts, Inc. in Irvine, CA received a Paycheck Protection Loan of $4.86M through CITY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Parking Concepts, Inc.'s total 2019 payroll expenses were approximately $23.33M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $46,660 per employee1.
Business Information - Parking Concepts, Inc. in Irvine, CA
12 Mauchly, Building I
Irvine, CA 92618
Parking Lots and Garages (NAICS code 812930)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 2 businesses in the "Parking Lots and Garages" industry received a PPP loan. These local businesses reported an average of 258 employees (compared to this company's 500) and received an average PPP loan of $2,453,018 (compared to this company's $4.86M).
Similar Nearby Businesses Who Received PPP Funding:
Citywide Parking Management Inc
Industry PPP Comparison Statistics
Nationwide, 1,831 businesses in the "Parking Lots and Garages" industry received a total of $286,968,643.00 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 21 employees, 96% lower than Parking Concepts, Inc.'s reported 500 employees, and received an average PPP loan of $156,728, 97% lower than this company's loan of $4.86M.
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Footnotes & Information
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