PPP Loan Data — Lucchese Inc, El Paso, TX
Lucchese Inc is a corporation located at 40 Walter Jones Blvd in El Paso, Texas that received a Coronavirus-related PPP loan from the SBA of $3,014,960.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Lucchese Inc received a Paycheck Protection Loan of $3.01M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Lucchese Inc's total 2019 payroll expenses were approximately $14.47M in order to qualify for the PPP loan amount received.
Based on their reported 397 jobs retained, this equals an estimated average yearly compensation of $36,453 per employee1.
Business Information - Lucchese Inc in El Paso, TX
40 Walter Jones Blvd
El Paso, TX 79906
Footwear Manufacturing (NAICS code 316210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-16
Industry PPP Comparison Statistics
Nationwide, 309 businesses in the "Footwear Manufacturing" industry received a total of $61,306,957.00 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 17 employees, 96% lower than Lucchese Inc's reported 397 employees, and received an average PPP loan of $198,404, 93% lower than this company's loan of $3.01M.
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Footnotes & Information
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