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PPP Loan Data — Rescue Agency Public Benefit, LLC,
San Diego, CA
Rescue Agency Public Benefit, LLC
Entity: Partnership
Industry: Marketing Consulting Services
Location: San Diego, CA
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Rescue Agency Public Benefit, LLC is a partnership located at 2437 Morena Blvd in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $2,980,064.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 170 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
170Loan Approved:
2020-04-10Lender:
AXOS BANKRescue Agency Public Benefit, LLC received a Paycheck Protection Loan of $2.98M through AXOS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rescue Agency Public Benefit, LLC's total 2019 payroll expenses were approximately $14.3M in order to qualify for the PPP loan amount received.
Based on their reported 170 jobs retained, this equals an estimated average yearly compensation of $84,143 per employee1.
Business Information - Rescue Agency Public Benefit, LLC in San Diego, CA
2437 Morena Blvd
San Diego, CA 92110
Business Industry
Marketing Consulting Services (NAICS code 541613)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-52Similar Companies near San Diego
In the San Diego area, 18 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 170) and received an average PPP loan of $291,631 (compared to this company's $2.98M).
Similar Nearby Businesses Who Received PPP Funding:
Local Concept Inc
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Berkman Communications, Inc.
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Ignyte, LLC
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Ryder Professional Group
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All Things Hospitality LLC
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1Marketingidea LLC
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Industry PPP Comparison Statistics
Nationwide, 30,514 businesses in the "Marketing Consulting Services" industry received a total of $1,952,010,997.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 97% lower than Rescue Agency Public Benefit, LLC's reported 170 employees, and received an average PPP loan of $63,971, 98% lower than this company's loan of $2.98M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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