PPP Loan Data — Mother Parker's Tea & Coffee-USA LTD, Fort Worth, TX
Mother Parker's Tea & Coffee-USA LTD
Location: Fort Worth, TXTweet This • Search All PPP Data
Mother Parker's Tea & Coffee-USA LTD is a partnership located at 7800 Will Rogers Blvd in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $3,055,680.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Mother Parker's Tea & Coffee-USA LTD received a Paycheck Protection Loan of $3.06M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mother Parker's Tea & Coffee-USA LTD's total 2019 payroll expenses were approximately $14.67M in order to qualify for the PPP loan amount received.
Based on their reported 206 jobs retained, this equals an estimated average yearly compensation of $71,200 per employee1.
Business Information - Mother Parker's Tea & Coffee-USA LTD in Fort Worth, TX
7800 Will Rogers Blvd
Fort Worth, TX 76140
Other Grocery and Related Products Merchant Wholesalers (NAICS code 424490)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-33
Industry PPP Comparison Statistics
Nationwide, 4,557 businesses in the "Other Grocery and Related Products Merchant Wholesalers" industry received a total of $667,706,204.00 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 14 employees, 93% lower than Mother Parker's Tea & Coffee-USA LTD's reported 206 employees, and received an average PPP loan of $146,523, 95% lower than this company's loan of $3.06M.
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Footnotes & Information
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