PPP Loan Data — Tempo Automation, Inc., San Francisco, CA
Tempo Automation, Inc.
Location: San Francisco, CATweet This • Search All PPP Data
Tempo Automation, Inc. is a corporation located at 2460 Alameda Stree in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $2,500,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:SILICON VALLEY BANK
Tempo Automation, Inc. in San Francisco, CA received a Paycheck Protection Loan of $2.5M through SILICON VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tempo Automation, Inc.'s total 2019 payroll expenses were approximately $12M in order to qualify for the PPP loan amount received.
Unlike most businesses, Tempo Automation, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Tempo Automation, Inc. in San Francisco, CA
2460 Alameda Stree
San Francisco, CA 94103
Printed Circuit Assembly (Electronic Assembly) Manufacturing (NAICS code 334418)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-12
Industry PPP Comparison Statistics
Nationwide, 480 businesses in the "Printed Circuit Assembly (Electronic Assembly) Manufacturing" industry received a total of $202,524,322.00 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 33 employees, and received an average PPP loan of $421,926, 83% lower than this company's loan of $2.5M.
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Footnotes & Information
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