PPP Loan Data — Teligent Pharma, Inc., Vineland, NJ
Teligent Pharma, Inc. is a corporation located at 105 Lincoln Ave in Vineland, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,349,094.00 in April, 2020.
$ PPP Loan Information
Lender:QUAINT OAK BANK
Teligent Pharma, Inc. received a Paycheck Protection Loan of $3.35M through QUAINT OAK BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Teligent Pharma, Inc.'s total 2019 payroll expenses were approximately $16.08M in order to qualify for the PPP loan amount received.
Based on their reported 231 jobs retained, this equals an estimated average yearly compensation of $69,592 per employee1.
Business Information - Teligent Pharma, Inc. in Vineland, NJ
105 Lincoln Ave
Vineland, NJ 8360
Medical Laboratories (NAICS code 621511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-02
Industry PPP Comparison Statistics
Nationwide, 3,529 businesses in the "Medical Laboratories" industry received a total of $652,578,027.00 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 15 employees, 94% lower than Teligent Pharma, Inc.'s reported 231 employees, and received an average PPP loan of $184,919, 94% lower than this company's loan of $3.35M.
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Footnotes & Information
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