PPP Loan Data — Tiger Sanitation Inc, San Antonio, TX
Tiger Sanitation Inc is a corporation located at 6315 Us Hwy 87 E in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $1,968,400.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
Tiger Sanitation Inc in San Antonio, TX received a Paycheck Protection Loan of $1.97M through Bank of America, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Tiger Sanitation Inc's 2019 payroll expenses are estimated to be at least $9.45M.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $47,242 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tiger Sanitation Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,968,400
Business Information - Tiger Sanitation Inc in San Antonio, TX
6315 Us Hwy 87 E
San Antonio, TX 78222
Solid Waste Collection
NAICS code 562111
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 3,891 businesses in the "Solid Waste Collection" industry received a total of $616.17M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 15 employees, 93% lower than Tiger Sanitation Inc's reported 200 employees, and received an average PPP loan of $158,359, 92% lower than this company's loan of $1.97M.
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Footnotes & Information
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