PPP Loan Data — Teri Inc, Oceanside, CA
Entity: Non-profit Organization
Location: Oceanside, CATweet This • Search All PPP Data
Teri Inc is a non-profit organization located at 251 Airport Rd in Oceanside, California that received a Coronavirus-related PPP loan from the SBA of $3,052,900.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Teri Inc in Oceanside, CA received a Paycheck Protection Loan of $3.05M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Teri Inc's total 2019 payroll expenses were approximately $14.65M in order to qualify for the PPP loan amount received.
Based on their reported 460 jobs retained, this equals an estimated average yearly compensation of $31,856 per employee1.
Business Information - Teri Inc in Oceanside, CA
251 Airport Rd
Oceanside, CA 92058
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-49
Similar Companies near Oceanside
In the Oceanside area, 2 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 240 employees (compared to this company's 460) and received an average PPP loan of $1,555,459 (compared to this company's $3.05M).
Similar Nearby Businesses Who Received PPP Funding:
Oceanside Ivey Ranch Park Association
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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 32 employees, 93% lower than Teri Inc's reported 460 employees, and received an average PPP loan of $217,933, 93% lower than this company's loan of $3.05M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!