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PPP Loan Data — Secure Transportation Company, Inc.,
Long Beach, CA
Secure Transportation Company, Inc.
Entity: Subchapter S Corporation
Industry: All Other Support Activities for Transportation
Location: Long Beach, CA
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Secure Transportation Company, Inc. is a subchapter s corporation located at 3780 Kilroy Airport Way in Long Beach, California that received a Coronavirus-related PPP loan from the SBA of $4,197,600.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 465 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
465Loan Approved:
2020-04-15Lender:
COMERICA BANKSecure Transportation Company, Inc. received a Paycheck Protection Loan of $4.2M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Secure Transportation Company, Inc.'s total 2019 payroll expenses were approximately $20.15M in order to qualify for the PPP loan amount received.
Based on their reported 465 jobs retained, this equals an estimated average yearly compensation of $43,330 per employee1.
Business Information - Secure Transportation Company, Inc. in Long Beach, CA
3780 Kilroy Airport Way
Long Beach, CA 90806
Business Industry
All Other Support Activities for Transportation (NAICS code 488999)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-47Similar Companies near Long Beach
In the Long Beach area, 9 businesses in the "All Other Support Activities for Transportation" industry received a PPP loan. These local businesses reported an average of 56 employees (compared to this company's 465) and received an average PPP loan of $481,993 (compared to this company's $4.2M).
Similar Nearby Businesses Who Received PPP Funding:
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Moving Mindz LLC
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MT Medical Transportation, LLC DBA Meta Medical Transportati
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The Corgiat Corporation
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Gama Transportation, Inc.
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EMS Freight Logistics,LLC
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Industry PPP Comparison Statistics
Nationwide, 8,990 businesses in the "All Other Support Activities for Transportation" industry received a total of $529,310,655.00 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 7 employees, 98% lower than Secure Transportation Company, Inc.'s reported 465 employees, and received an average PPP loan of $58,878, 99% lower than this company's loan of $4.2M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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