PPP Loan Data — TAL Holdings LLC, Vancouver, WA
TAL Holdings LLC is a corporation located at 201 Ne Park Plaza Dr. Ste. 240 in Vancouver, Washington that received a Coronavirus-related PPP loan from the SBA of $2,331,800.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Zions Bank, A Division of
TAL Holdings LLC in Vancouver, WA received a Paycheck Protection Loan of $2.33M through Zions Bank, A Division of, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, TAL Holdings LLC's 2019 payroll expenses are estimated to be at least $11.19M.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $55,963 per employee1
Reported PPP Proceed Usage:
On the PPP application, TAL Holdings LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,331,800
Business Information - TAL Holdings LLC in Vancouver, WA
201 Ne Park Plaza Dr. Ste. 240
Vancouver, WA 98684
Other Building Material Dealers
NAICS code 444190
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Vancouver
In the Vancouver area, 2 businesses in the "Other Building Material Dealers" industry received a PPP loan. These local businesses reported an average of 107 employees (compared to this company's 200) and received an average PPP loan of $1,230,507 (compared to this company's $2.33M).
Similar Nearby Businesses Who Received PPP Funding:
Inter-Pak Supply, Inc
Industry PPP Comparison Statistics
Nationwide, 11,057 businesses in the "Other Building Material Dealers" industry received a total of $1.4B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 94% lower than TAL Holdings LLC's reported 200 employees, and received an average PPP loan of $126,460, 95% lower than this company's loan of $2.33M.
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Footnotes & Information
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