PPP Loan Data — Premier Tech Inc, Salt Lake City, UT
Premier Tech Inc is a corporation located at 1881 West North Temple in Salt Lake City, Utah that received a Coronavirus-related PPP loan from the SBA of $2,920,200.00 in April, 2020.
$ PPP Loan Information
Premier Tech Inc received a Paycheck Protection Loan of $2.92M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Premier Tech Inc's total 2019 payroll expenses were approximately $14.02M in order to qualify for the PPP loan amount received.
Based on their reported 218 jobs retained, this equals an estimated average yearly compensation of $64,298 per employee1.
Business Information - Premier Tech Inc in Salt Lake City, UT
1881 West North Temple
Salt Lake City, UT 84116
Plastics Plumbing Fixture Manufacturing (NAICS code 326191)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-02
Industry PPP Comparison Statistics
Nationwide, 188 businesses in the "Plastics Plumbing Fixture Manufacturing" industry received a total of $53,820,521.00 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 25 employees, 89% lower than Premier Tech Inc's reported 218 employees, and received an average PPP loan of $286,279, 90% lower than this company's loan of $2.92M.
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Footnotes & Information
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