PPP Loan Data — TLC Company, Inc, Albuquerque, NM
TLC Company, Inc is a subchapter s corporation located at 5000 Edith Blvd, Ne in Albuquerque, New Mexico that received a Coronavirus-related PPP loan from the SBA of $7,284,980.00 in April, 2020.
The company has reported itself as a White male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
TLC Company, Inc received a Paycheck Protection Loan of $7.28M through CENTURY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, TLC Company, Inc's total 2019 payroll expenses were approximately $34.97M in order to qualify for the PPP loan amount received.
Unlike most businesses, TLC Company, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - TLC Company, Inc in Albuquerque, NM
5000 Edith Blvd, Ne
Albuquerque, NM 87107
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NM-01
Similar Companies near Albuquerque
In the Albuquerque area, 7 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $1,062,193 (compared to this company's $7.28M).
Similar Nearby Businesses Who Received PPP Funding:
Dwight E. Smith
Anthony B Jeffries
Los Ranchos, NM
Red Sky Realty
Level Construction LLC
CS Real Estate LLC
Security Escrow Corp
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, and received an average PPP loan of $62,929, 99% lower than this company's loan of $7.28M.
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Footnotes & Information
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