PPP Loan Data — Thompson/Mccarthy Coffee Co., Scottsdale, AZ
Thompson/Mccarthy Coffee Co. is a subchapter s corporation located at 27915 N. 100th Place in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $4,033,046.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:DESERT FINANCIAL FCU D/B/A DESERT FINANCIAL CU
Thompson/Mccarthy Coffee Co. in Scottsdale, AZ received a Paycheck Protection Loan of $4.03M through DESERT FINANCIAL FCU D/B/A DESERT FINANCIAL CU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Thompson/Mccarthy Coffee Co.'s total 2019 payroll expenses were approximately $19.36M 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 $38,717 per employee1.
Business Information - Thompson/Mccarthy Coffee Co. in Scottsdale, AZ
27915 N. 100th Place
Scottsdale, AZ 85262
Snack and Nonalcoholic Beverage Bars (NAICS code 722515)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: AZ-06
Industry PPP Comparison Statistics
Nationwide, 13,677 businesses in the "Snack and Nonalcoholic Beverage Bars" industry received a total of $740,265,347.00 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 12 employees, 98% lower than Thompson/Mccarthy Coffee Co.'s reported 500 employees, and received an average PPP loan of $54,125, 99% lower than this company's loan of $4.03M.
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Footnotes & Information
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