PPP Loan Data — Thomas Management LLC, Meridian, ID
Thomas Management LLC is a subchapter s corporation located at 700 E Franklin Rd in Meridian, Idaho that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:IDAHO FIRST BANK
Thomas Management LLC in Meridian, ID received a Paycheck Protection Loan of $10M through IDAHO FIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Thomas Management LLC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Thomas Management LLC in Meridian, ID
700 E Franklin Rd
Meridian, ID 83642
Food Service Contractors (NAICS code 722310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ID-01
Similar Companies near Meridian
In the Meridian area, 3 businesses in the "Food Service Contractors" industry received a PPP loan. These local businesses reported an average of 170 employees (compared to this company's 500) and received an average PPP loan of $3,339,098 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Whalen's Food Service, LLC
Fish Code, LLC
Industry PPP Comparison Statistics
Nationwide, 8,947 businesses in the "Food Service Contractors" industry received a total of $969,115,041.00 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, 97% lower than Thomas Management LLC's reported 500 employees, and received an average PPP loan of $108,317, 99% lower than this company's loan of $10M.
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Footnotes & Information
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