PPP Loan Data — Titan AG Services, Inc, Tipton, CA
Titan AG Services, Inc is a corporation located at 174 S. Burnett Rd in Tipton, California that received a Coronavirus-related PPP loan from the SBA of $5,305,000.00 in April, 2020.
The company has reported itself as an Asian female owned business, and employed at least 448 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITIZENS BUSINESS BANK
Titan AG Services, Inc received a Paycheck Protection Loan of $5.31M through CITIZENS BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Titan AG Services, Inc's total 2019 payroll expenses were approximately $25.46M in order to qualify for the PPP loan amount received.
Based on their reported 448 jobs retained, this equals an estimated average yearly compensation of $56,839 per employee1.
Business Information - Titan AG Services, Inc in Tipton, CA
174 S. Burnett Rd
Tipton, CA 93272
Farm Labor Contractors and Crew Leaders (NAICS code 115115)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-21
Similar Companies near Tipton
In the Tipton area, 2 businesses in the "Farm Labor Contractors and Crew Leaders" industry received a PPP loan. These local businesses reported an average of 232 employees (compared to this company's 448) and received an average PPP loan of $2,686,500 (compared to this company's $5.31M).
Similar Nearby Businesses Who Received PPP Funding:
Morningstar Farming, Inc.
Industry PPP Comparison Statistics
Nationwide, 1,427 businesses in the "Farm Labor Contractors and Crew Leaders" industry received a total of $303,879,959.00 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 41 employees, 91% lower than Titan AG Services, Inc's reported 448 employees, and received an average PPP loan of $212,950, 96% lower than this company's loan of $5.31M.
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Footnotes & Information
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