PPP Loan Data — Rancho Mesquite Casino Inc, Mesquite, NV
Rancho Mesquite Casino Inc is a corporation located at 275 Mesa Blvd in Mesquite, Nevada that received a Coronavirus-related PPP loan from the SBA of $4,108,180.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Rancho Mesquite Casino Inc in Mesquite, NV received a Paycheck Protection Loan of $4.11M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Rancho Mesquite Casino Inc's total 2019 payroll expenses were approximately $19.72M in order to qualify for the PPP loan amount received.
Based on their reported 464 jobs retained, this equals an estimated average yearly compensation of $42,498 per employee1.
Business Information - Rancho Mesquite Casino Inc in Mesquite, NV
275 Mesa Blvd
Mesquite, NV 89027
Casino Hotels (NAICS code 721120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NV-04
Similar Companies near Mesquite
In the Mesquite area, 4 businesses in the "Casino Hotels" industry received a PPP loan. These local businesses reported an average of 185 employees (compared to this company's 464) and received an average PPP loan of $3,124,103 (compared to this company's $4.11M).
Similar Nearby Businesses Who Received PPP Funding:
C &Hrv LLC
Marion Company, Inc
Industry PPP Comparison Statistics
Nationwide, 322 businesses in the "Casino Hotels" industry received a total of $284,070,183.00 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 90 employees, 81% lower than Rancho Mesquite Casino Inc's reported 464 employees, and received an average PPP loan of $882,206, 79% lower than this company's loan of $4.11M.
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