PPP Loan Data — Plaza Tire Service, Inc., Cape Girardeau, MO
Plaza Tire Service, Inc. is a subchapter s corporation located at 2075 Corporate Cir in Cape Girardeau, Missouri that received a Coronavirus-related PPP loan from the SBA of $5,503,500.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Plaza Tire Service, Inc. received a Paycheck Protection Loan of $5.5M through MONTGOMERY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Plaza Tire Service, Inc.'s total 2019 payroll expenses were approximately $26.42M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $52,834 per employee1.
Business Information - Plaza Tire Service, Inc. in Cape Girardeau, MO
2075 Corporate Cir
Cape Girardeau, MO 63703
Tire Dealers (NAICS code 441320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: MO-08
Similar Companies near Cape Girardeau
In the Cape Girardeau area, 2 businesses in the "Tire Dealers" industry received a PPP loan. These local businesses reported an average of 256 employees (compared to this company's 500) and received an average PPP loan of $2,792,050 (compared to this company's $5.5M).
Similar Nearby Businesses Who Received PPP Funding:
Campus Auto Sales Inc
Cape Girardeau, MO
Industry PPP Comparison Statistics
Nationwide, 5,869 businesses in the "Tire Dealers" industry received a total of $664,120,532.00 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 11 employees, 98% lower than Plaza Tire Service, Inc.'s reported 500 employees, and received an average PPP loan of $113,157, 98% lower than this company's loan of $5.5M.
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Footnotes & Information
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