PPP Loan Data — Delta Group Electronics Inc., Albuquerque, NM
Delta Group Electronics Inc.
Entity: Subchapter S Corporation
Location: Albuquerque, NMTweet This • Search All PPP Data
Delta Group Electronics Inc. is a subchapter s corporation located at 4521 Osuna Rd in Albuquerque, New Mexico that received a Coronavirus-related PPP loan from the SBA of $3,633,000.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Delta Group Electronics Inc. in Albuquerque, NM received a Paycheck Protection Loan of $3.63M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Delta Group Electronics Inc.'s total 2019 payroll expenses were approximately $17.44M in order to qualify for the PPP loan amount received.
Based on their reported 404 jobs retained, this equals an estimated average yearly compensation of $43,164 per employee1.
Business Information - Delta Group Electronics Inc. in Albuquerque, NM
4521 Osuna Rd
Albuquerque, NM 87109
Printed Circuit Assembly (Electronic Assembly) Manufacturing (NAICS code 334418)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NM-01
Industry PPP Comparison Statistics
Nationwide, 480 businesses in the "Printed Circuit Assembly (Electronic Assembly) Manufacturing" industry received a total of $202,524,322.00 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 33 employees, 92% lower than Delta Group Electronics Inc.'s reported 404 employees, and received an average PPP loan of $421,926, 88% lower than this company's loan of $3.63M.
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