PPP Loan Data — T-Y Nursery, Inc, Torrance, CA
T-Y Nursery, Inc
Entity: Subchapter S Corporation
Location: Torrance, CATweet This • Search All PPP Data
T-Y Nursery, Inc is a subchapter s corporation located at 5221 Arvada Street Torrance Ca 90503 in Torrance, California that received a Coronavirus-related PPP loan from the SBA of $2,476,500.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
T-Y Nursery, Inc in Torrance, CA received a Paycheck Protection Loan of $2.48M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, T-Y Nursery, Inc's total 2019 payroll expenses were approximately $11.89M in order to qualify for the PPP loan amount received.
Based on their reported 320 jobs retained, this equals an estimated average yearly compensation of $37,148 per employee1.
Business Information - T-Y Nursery, Inc in Torrance, CA
5221 Arvada Street Torrance Ca 90503
Torrance, CA 90503
Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers (NAICS code 424930)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-33
Similar Companies near Torrance
In the Torrance area, 5 businesses in the "Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 320) and received an average PPP loan of $662,660 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Torrance Wholesale Nursery LLC
Rainforest Flora Inc.
Toro Nursery, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,374 businesses in the "Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers" industry received a total of $294,279,172.00 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 14 employees, 96% lower than T-Y Nursery, Inc's reported 320 employees, and received an average PPP loan of $123,959, 95% lower than this company's loan of $2.48M.
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Footnotes & Information
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