PPP Loan Data — The Arizona Humane Society, Phoenix, AZ
The Arizona Humane Society is a non-profit organization located at 1521 Dobbins Rd in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,634,991.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
The Arizona Humane Society in Phoenix, AZ received a Paycheck Protection Loan of $2.63M through BBVA USA, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, The Arizona Humane Society's 2019 payroll expenses are estimated to be at least $12.65M.
Based on their reported 289 jobs retained, this equals an estimated average yearly compensation of $43,765 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Arizona Humane Society reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,976,243
- Utilities: $329,374
- Mortgage Interest: $329,374
Business Information - The Arizona Humane Society in Phoenix, AZ
1521 Dobbins Rd
Phoenix, AZ 85041
NAICS code 813211
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 4,623 businesses in the "Grantmaking Foundations" industry received a total of $559.02M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 96% lower than The Arizona Humane Society's reported 289 employees, and received an average PPP loan of $120,922, 95% lower than this company's loan of $2.63M.
FederalPay's PPP Information Policy
Footnotes & Information
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