You know you are curious - so let's get right into it.
Thanks to AZ Mirror Reporter Jim Small!
Please Note: there are 88 pages to look at in the interactive graphics provided
You can also search by zipcode
Arizona companies that got PPP loans of $150,000 or more
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Arizona companies that got PPP loans of $150,000 or more
Thanks to AZ Mirror Reporter Jim Small!
Which Arizona businesses got paycheck protection loans?
"More than 81,000 emergency loans worth as much as $13 billion were made to Arizona small businesses under the Paycheck Protection Program aimed at saving a reported 680,000 jobs, according to data released July 7 by the U.S. Small Business Administration.
The loan program, referred to commonly as PPP, was approved by Congress in late March as part of a $2 trillion coronavirus aid package that sent money to workers, businesses and the health care system as the nation grappled with the early stages of the COVID-19 pandemic.
The SBA initially said it would not release information on the recipients of the more than $650 million that was allocated for the PPP, but relented in the face of litigation.
The data released is incomplete, however.
For instance, among paycheck protection loans greater than $150,000, the SBA provided only a range of the loan each business received.
Meanwhile, loans less than $150,000 have a precise amount, but the borrowing business is not named.
MAIN FINDING SUMMARY FROM JIM SMALL
The lack of detail makes drawing firm conclusions and making comparisons difficult in some cases, including determining exactly how much money came to Arizona businesses.
>> We know that $2.93 billion was lent to nearly 70,000 businesses in increments less than $150,000.
>> For larger loans, more than 11,000 businesses received between $4.1 billion and a little more than $10 billion.
But some things are clear.
For instance, the 85260 ZIP code in north Scottsdale received more loans than any other in the state: 464 firms took out large loans (between $150,000 and $10 million) and 2,039 received small loans. Those companies reported on their loan applications that more than 34,000 jobs would be saved by the loans.
> Restaurants were far and away the primary recipient of the larger emergency loans.
According to the data, 641 full-service restaurants and 214 fast food, semi-casual or takeout restaurants secured loans worth $180 million to $308 million to save almost 68,000 jobs.
> And there were 535 non-profit companies that received large loans to protect almost 46,000 jobs.
> Churches and other religious organizations took out the most loans, but
> The sector with the most jobs saved were private schools, which collectively said the loans would keep 7,842 people employed.
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DATA FOR MESA Please Note: there are 88 pages to look at in the interactive graphics provided
You can also search by zipcode
Arizona companies that got PPP loans of $150,000 or more
Page 1 of 88
Loan Range | Business Name | City | ZIP Code | Industry | Jobs Retained |
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$5-10 million | ALCANTAR MARKETING LLC | Mesa | 85205 | Accidental and health reinsurance carriers | 2 |
$5-10 million | AMERIFIRST FINANCIAL INC | Mesa | 85203 | Clearinghouses, commodity exchange or securities exchange | 471 |
$5-10 million | DESERT STONE ARCH PROPERTIES, LLC (EPC) | Mesa | 85212 | Pest control (except agricultural, forestry) services | 500 |
$5-10 million | INT TECHNOLOGIES LLC | Mesa | 85206 | Software installation services, computer | 278 |
$5-10 million | RANGO INC | Mesa | 85215 | Misc Construction | 420 |
$2-5 million | A NEW LEAF, INC. | Mesa | 85203 | Child day care services | 487 |
$2-5 million | ALLEGIANT HEALTHCARE WEST, LLC | Mesa | 85204 | Convalescent homes or convalescent hospitals (except psychiatric) | 142 |
$2-5 million | BINGHAM EQUIPMENT COMPANY | Mesa | 85210 | Industrial equipment wholesalers | 190 |
$2-5 million | CHILD CRISIS ARIZONA | Mesa | 85201 | Child welfare services | 256 |
$2-5 million | CRUISE AMERICA, INC. | Mesa | 85210 | Bus rental or leasing | 194 |
Arizona companies that got PPP loans of $150,000 or more
Page 2 of 88
Loan Range | Business Name | City | ZIP Code | Industry | Jobs Retained |
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$2-5 million | DESERT READY MIX, LLC. | Mesa | 85215 | Central-mixed concrete manufacturing | 169 |
$2-5 million | E3 SOLUTIONS, LLC | Mesa | 85215 | Construction, water and sewer line | 331 |
$2-5 million | EDUPOINT EDUCATIONAL SYSTEMS, LLC | Mesa | 85204 | Audio equipment stores (except automotive) | 242 |
$2-5 million | EPS GROUP, INC. ENGINEERS, PLANNERS & SURVEYORS | Mesa | 85201 | Engineering services | 74 |
$2-5 million | GOLFLAND ENTERTAINMENT CENTERS, INC. | Mesa | 85210 | Amateur sports teams, recreational | 222 |
$2-5 million | GREAT ELM DME, INC. | Mesa | 85202 | Home health care agencies | 347 |
$2-5 million | KIND HOSPITALITY INC. | Mesa | 85203 | Full service restaurants | 499 |
$2-5 million | MARC COMMUNITY RESOURCES, INC. | Mesa | 85201 | Outpatient mental health centers and clinics (except hospitals) | 500 |
$2-5 million | MIRACORP INC | Mesa | 85209 | Employment agencies | 163 |
$2-5 million | PARTNERS IN RECOVERY | Mesa | 85201 | Outpatient mental health centers and clinics (except hospitals) | 397 |
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Exact amounts were not provided by the U.S. Small Business Administration.
Industry is drawn from provided NAICS codes.