PPP Loan Data — Shop Lc Global, Inc., Austin, TX
Shop Lc Global, Inc. is a corporation located at 100 Michael Angelo Way in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $4,807,245.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST FREEDOM BANK
Shop Lc Global, Inc. in Austin, TX received a Paycheck Protection Loan of $4.81M through FIRST FREEDOM BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Shop Lc Global, Inc.'s total 2019 payroll expenses were approximately $23.07M in order to qualify for the PPP loan amount received.
Based on their reported 469 jobs retained, this equals an estimated average yearly compensation of $49,200 per employee1.
Business Information - Shop Lc Global, Inc. in Austin, TX
100 Michael Angelo Way
Austin, TX 78728
Jewelry Stores (NAICS code 448310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-17
Industry PPP Comparison Statistics
Nationwide, 12,136 businesses in the "Jewelry Stores" industry received a total of $578,593,395.00 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 5 employees, 99% lower than Shop Lc Global, Inc.'s reported 469 employees, and received an average PPP loan of $47,676, 99% lower than this company's loan of $4.81M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!