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PPP Loan Data — Taylor-Listug, Inc.,
El Cajon, CA
Taylor-Listug, Inc.
Entity: Corporation
Industry: Musical Instrument Manufacturing
Location: El Cajon, CA
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Taylor-Listug, Inc. is a corporation located at 1980 Gillespie Way in El Cajon, California that received a Coronavirus-related PPP loan from the SBA of $6,419,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
454Loan Approved:
2020-04-11Lender:
BANK OF SOUTHERN CALIFORNIA, NATIONAL ASSOCIATIONTaylor-Listug, Inc. in El Cajon, CA received a Paycheck Protection Loan of $6.42M through BANK OF SOUTHERN CALIFORNIA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Taylor-Listug, Inc.'s total 2019 payroll expenses were approximately $30.82M in order to qualify for the PPP loan amount received.
Based on their reported 454 jobs retained, this equals an estimated average yearly compensation of $67,875 per employee1.
Business Information - Taylor-Listug, Inc. in El Cajon, CA
1980 Gillespie Way
El Cajon, CA 92020
Business Industry
Musical Instrument Manufacturing (NAICS code 339992)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-53Similar Companies near El Cajon
In the El Cajon area, 2 businesses in the "Musical Instrument Manufacturing" industry received a PPP loan. These local businesses reported an average of 233 employees (compared to this company's 454) and received an average PPP loan of $3,250,524 (compared to this company's $6.42M).
Similar Nearby Businesses Who Received PPP Funding:
Virgin Musical Instrument Company, Inc.
El Cajon, CA
Industry PPP Comparison Statistics
Nationwide, 488 businesses in the "Musical Instrument Manufacturing" industry received a total of $80,643,359.00 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, 97% lower than Taylor-Listug, Inc.'s reported 454 employees, and received an average PPP loan of $165,253, 97% lower than this company's loan of $6.42M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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