PPP Loan Data — The Arc Of Prince George's County, Inc., Upper Marlboro, MD
The Arc Of Prince George's County, Inc. is a non-profit organization located at 1401 Mccormick Dr in Upper Marlboro, Maryland that received a Coronavirus-related PPP loan from the SBA of $4,299,490.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WESBANCO BANK, INC.
The Arc Of Prince George's County, Inc. received a Paycheck Protection Loan of $4.3M through WESBANCO BANK, INC., which was approved in April, 2020.
Based on standard PPP eligibility rules, The Arc Of Prince George's County, Inc.'s total 2019 payroll expenses were approximately $20.64M in order to qualify for the PPP loan amount received.
Unlike most businesses, The Arc Of Prince George's County, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - The Arc Of Prince George's County, Inc. in Upper Marlboro, MD
1401 Mccormick Dr
Upper Marlboro, MD 20774
Other Residential Care Facilities (NAICS code 623990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-04
Industry PPP Comparison Statistics
Nationwide, 2,694 businesses in the "Other Residential Care Facilities" industry received a total of $666,350,372.00 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 29 employees, and received an average PPP loan of $247,346, 94% lower than this company's loan of $4.3M.
FederalPay's PPP Information Policy
Footnotes & Information
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