PPP Loan Data — T S E Industries Inc., Clearwater, FL
T S E Industries Inc. is a corporation located at 5180 113th Ave N. in Clearwater, Florida that received a Coronavirus-related PPP loan from the SBA of $3,067,000.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
T S E Industries Inc. received a Paycheck Protection Loan of $3.07M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, T S E Industries Inc.'s total 2019 payroll expenses were approximately $14.72M in order to qualify for the PPP loan amount received.
Based on their reported 258 jobs retained, this equals an estimated average yearly compensation of $57,060 per employee1.
Business Information - T S E Industries Inc. in Clearwater, FL
5180 113th Ave N.
Clearwater, FL 33760
Plastics Material and Resin Manufacturing (NAICS code 325211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-13
Industry PPP Comparison Statistics
Nationwide, 858 businesses in the "Plastics Material and Resin Manufacturing" industry received a total of $311,116,969.00 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 29 employees, 89% lower than T S E Industries Inc.'s reported 258 employees, and received an average PPP loan of $362,607, 88% lower than this company's loan of $3.07M.
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Footnotes & Information
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