PPP Loan Data — Techsource Inc, Los Alamos, NM
Techsource Inc is a corporation located at 1475 Central Ave Ste 250 in Los Alamos, New Mexico that received a Coronavirus-related PPP loan from the SBA of $2,604,800.00 in April, 2020.
$ PPP Loan Information
Lender:ENTERPRISE BANK & TRUST
Techsource Inc received a Paycheck Protection Loan of $2.6M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Techsource Inc's total 2019 payroll expenses were approximately $12.5M in order to qualify for the PPP loan amount received.
Based on their reported 325 jobs retained, this equals an estimated average yearly compensation of $38,471 per employee1.
Business Information - Techsource Inc in Los Alamos, NM
1475 Central Ave Ste 250
Los Alamos, NM 87544
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NM-03
Similar Companies near Los Alamos
In the Los Alamos area, 2 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 163 employees (compared to this company's 325) and received an average PPP loan of $1,308,050 (compared to this company's $2.6M).
Similar Nearby Businesses Who Received PPP Funding:
TJ Lienert Consulting, LLC
Los Alamos, NM
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 96% lower than Techsource Inc's reported 325 employees, and received an average PPP loan of $249,856, 90% lower than this company's loan of $2.6M.
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Footnotes & Information
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