PPP Loan Data — Titanx Engine Cooling, Inc., Jamestown, NY
Titanx Engine Cooling, Inc.
Location: Jamestown, NYTweet This • Search All PPP Data
Titanx Engine Cooling, Inc. is a corporation located at 2258 Allen Street Ext in Jamestown, New York that received a Coronavirus-related PPP loan from the SBA of $3,424,463.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Titanx Engine Cooling, Inc. in Jamestown, NY received a Paycheck Protection Loan of $3.42M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Titanx Engine Cooling, Inc.'s total 2019 payroll expenses were approximately $16.44M in order to qualify for the PPP loan amount received.
Based on their reported 212 jobs retained, this equals an estimated average yearly compensation of $77,535 per employee1.
Business Information - Titanx Engine Cooling, Inc. in Jamestown, NY
2258 Allen Street Ext
Jamestown, NY 14701
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (NAICS code 336310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-23
Industry PPP Comparison Statistics
Nationwide, 423 businesses in the "Motor Vehicle Gasoline Engine and Engine Parts Manufacturing" industry received a total of $129,804,058.00 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 24 employees, 89% lower than Titanx Engine Cooling, Inc.'s reported 212 employees, and received an average PPP loan of $306,865, 91% lower than this company's loan of $3.42M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!