PPP Loan Data — The Trade Group, Carrollton, TX
The Trade Group is a corporation located at 1434 Patton Pl Ste 190 in Carrollton, Texas that received a Coronavirus-related PPP loan from the SBA of $2,452,700.00 in April, 2020.
$ PPP Loan Information
The Trade Group in Carrollton, TX received a Paycheck Protection Loan of $2.45M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Trade Group's total 2019 payroll expenses were approximately $11.77M in order to qualify for the PPP loan amount received.
Based on their reported 137 jobs retained, this equals an estimated average yearly compensation of $85,934 per employee1.
Business Information - The Trade Group in Carrollton, TX
1434 Patton Pl Ste 190
Carrollton, TX 75007
Sign Manufacturing (NAICS code 339950)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Carrollton
In the Carrollton area, 8 businesses in the "Sign Manufacturing" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 137) and received an average PPP loan of $543,345 (compared to this company's $2.45M).
Similar Nearby Businesses Who Received PPP Funding:
2PS Services LLC
Pacific Northern Inc.
Freeman Signs LLC
Night Horse Co LLC
Glenn Equities, Inc.
Industry PPP Comparison Statistics
Nationwide, 5,450 businesses in the "Sign Manufacturing" industry received a total of $643,191,913.00 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 10 employees, 93% lower than The Trade Group's reported 137 employees, and received an average PPP loan of $118,017, 95% lower than this company's loan of $2.45M.
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Footnotes & Information
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