PPP Loan Data — T H Martin Inc, Cleveland, OH
T H Martin Inc is a corporation located at 8500 Brookpark Rd in Cleveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,972,300.00 in May, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
T H Martin Inc received a Paycheck Protection Loan of $2.97M through PNC BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, T H Martin Inc's total 2019 payroll expenses were approximately $14.27M in order to qualify for the PPP loan amount received.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $95,114 per employee1.
Business Information - T H Martin Inc in Cleveland, OH
8500 Brookpark Rd
Cleveland, OH 44129
Data Processing, Hosting, and Related Services (NAICS code 518210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-09
Similar Companies near Cleveland
In the Cleveland area, 3 businesses in the "Data Processing, Hosting, and Related Services" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 150) and received an average PPP loan of $1,051,580 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
The T1 Company
Industry PPP Comparison Statistics
Nationwide, 5,879 businesses in the "Data Processing, Hosting, and Related Services" industry received a total of $1,161,307,675.00 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 12 employees, 92% lower than T H Martin Inc's reported 150 employees, and received an average PPP loan of $197,535, 93% lower than this company's loan of $2.97M.
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Footnotes & Information
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