PPP Loan Data — T C Construction Company, Inc., Santee, CA
T C Construction Company, Inc.
Entity: Subchapter S Corporation
Location: Santee, CATweet This • Search All PPP Data
T C Construction Company, Inc. is a subchapter s corporation located at 10540 Prospect Avenue in Santee, California that received a Coronavirus-related PPP loan from the SBA of $3,944,600.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
T C Construction Company, Inc. received a Paycheck Protection Loan of $3.94M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, T C Construction Company, Inc.'s total 2019 payroll expenses were approximately $18.93M in order to qualify for the PPP loan amount received.
Based on their reported 232 jobs retained, this equals an estimated average yearly compensation of $81,612 per employee1.
Business Information - T C Construction Company, Inc. in Santee, CA
10540 Prospect Avenue
Santee, CA 92071
Water and Sewer Line and Related Structures Construction (NAICS code 237110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-50
Similar Companies near Santee
In the Santee area, 2 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 116 employees (compared to this company's 232) and received an average PPP loan of $1,989,475 (compared to this company's $3.94M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 5,092 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1,334,037,195.00 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 17 employees, 93% lower than T C Construction Company, Inc.'s reported 232 employees, and received an average PPP loan of $261,987, 93% lower than this company's loan of $3.94M.
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