Hacienda Inc
PPP Loan Data — Hacienda Inc, Phoenix, AZ
AZ Nonprofit Organization
Entity: Non-profit Organization
Industry: Other Residential Care Facilities
Hacienda Inc is a non-profit organization located at 1402 South Ave E in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $3,269,965.00 in April, 2020.
U.S. Bank, National Association
Hacienda Inc in Phoenix, AZ received a Paycheck Protection Loan of $3.27M through U.S. Bank, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.
For Hacienda Inc, the calculation used to estimate payroll costs is shown below:
($3.27M / 2.5) * 12 = $15.7M
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, Hacienda Inc's 2019 payroll expenses are estimated to be at least $15.7M.
On the PPP application, Hacienda Inc reported intending to use the proceeds of their PPP loan for the following expenses:
Because the loan received by Hacienda Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.
Business Information - Hacienda Inc in Phoenix, AZ
1402 South Ave E
Other Residential Care Facilities
LMI Zone: Y
Maricopa County, AZ — SBA Office 0988 — Congressional District: AZ-07
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Hacienda Inc.
Los Ninos Hospital Inc
General Medical and Surgical Hospitals
Similar Companies near Phoenix
In the Phoenix area, 9 businesses in the "Other Residential Care Facilities" industry received a PPP loan. These local businesses reported an average of 42 employees (compared to this company's 280) and received an average PPP loan of $416,124 (compared to this company's $3.27M).
Emmarie Behavioral Home Care LLC
Diamond Manor Adult Care LLC
Love Behavioural Services
Fjcm Behavioral Health Care LLC
Debra's Place LLC
Charles Ogu
Beia's Place LLC
Divine Sisters LLC
Nationwide, 4,782 businesses in the "Other Residential Care Facilities" industry received a total of $897.63M 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 27 employees, 90% lower than Hacienda Inc's reported 280 employees, and received an average PPP loan of $187,711, 94% lower than this company's loan of $3.27M.
Source: www.federalpay.org/paycheck-protection-program/hacienda-inc-phoenix-az