PPP Loan Data — Teacher Created Materials, Inc., Huntington, CA
Teacher Created Materials, Inc. is a subchapter s corporation located at 5301 Oceanus Dr. in Huntington, California that received a Coronavirus-related PPP loan from the SBA of $3,488,500.00 in April, 2020.
$ PPP Loan Information
Teacher Created Materials, Inc. received a Paycheck Protection Loan of $3.49M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Teacher Created Materials, Inc.'s total 2019 payroll expenses were approximately $16.74M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $87,213 per employee1.
Business Information - Teacher Created Materials, Inc. in Huntington, CA
5301 Oceanus Dr.
Huntington, CA 92649
Book Publishers (NAICS code 511130)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-48
Industry PPP Comparison Statistics
Nationwide, 1,536 businesses in the "Book Publishers" industry received a total of $256,913,578.00 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, 94% lower than Teacher Created Materials, Inc.'s reported 192 employees, and received an average PPP loan of $167,261, 95% lower than this company's loan of $3.49M.
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Footnotes & Information
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