PPP Loan Data — Thompson Engineering, Inc., Mobile, AL
Thompson Engineering, Inc. is a corporation located at 2970 Cottage Hill Road in Mobile, Alabama that received a Coronavirus-related PPP loan from the SBA of $3,983,080.00 in April, 2020.
$ PPP Loan Information
Lender:TRUSTMARK NATIONAL BANK
Thompson Engineering, Inc. received a Paycheck Protection Loan of $3.98M through TRUSTMARK NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Thompson Engineering, Inc.'s total 2019 payroll expenses were approximately $19.12M in order to qualify for the PPP loan amount received.
Based on their reported 274 jobs retained, this equals an estimated average yearly compensation of $69,777 per employee1.
Business Information - Thompson Engineering, Inc. in Mobile, AL
2970 Cottage Hill Road
Mobile, AL 36606
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-01
Similar Companies near Mobile
In the Mobile area, 2 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 145 employees (compared to this company's 274) and received an average PPP loan of $2,073,890 (compared to this company's $3.98M).
Similar Nearby Businesses Who Received PPP Funding:
Rayford & Associates Inc
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 95% lower than Thompson Engineering, Inc.'s reported 274 employees, and received an average PPP loan of $160,790, 96% lower than this company's loan of $3.98M.
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Footnotes & Information
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