PPP Loan Data — The Pmt Group, Inc., Bridgeport, CT
The Pmt Group, Inc.
Location: Bridgeport, CTTweet This • Search All PPP Data
The Pmt Group, Inc. is a corporation located at 800 Union Avenue in Bridgeport, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,954,825.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
The Pmt Group, Inc. in Bridgeport, CT received a Paycheck Protection Loan of $3.95M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Pmt Group, Inc.'s total 2019 payroll expenses were approximately $18.98M in order to qualify for the PPP loan amount received.
Based on their reported 241 jobs retained, this equals an estimated average yearly compensation of $78,768 per employee1.
Business Information - The Pmt Group, Inc. in Bridgeport, CT
800 Union Avenue
Bridgeport, CT 06607
Cutting Tool and Machine Tool Accessory Manufacturing (NAICS code 333515)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-04
Industry PPP Comparison Statistics
Nationwide, 987 businesses in the "Cutting Tool and Machine Tool Accessory Manufacturing" industry received a total of $240,488,771.00 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 17 employees, 93% lower than The Pmt Group, Inc.'s reported 241 employees, and received an average PPP loan of $243,656, 94% lower than this company's loan of $3.95M.
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Footnotes & Information
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