PPP Loan Data — TLC Engineering Solutions, Inc, Orlando, FL
TLC Engineering Solutions, Inc is a corporation located at 255 South Orange Ave in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $4,433,000.00 in April, 2020.
$ PPP Loan Information
Lender:BANKUNITED, NATIONAL ASSOCIATION
TLC Engineering Solutions, Inc in Orlando, FL received a Paycheck Protection Loan of $4.43M through BANKUNITED, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, TLC Engineering Solutions, Inc's total 2019 payroll expenses were approximately $21.28M in order to qualify for the PPP loan amount received.
Based on their reported 380 jobs retained, this equals an estimated average yearly compensation of $55,996 per employee1.
Business Information - TLC Engineering Solutions, Inc in Orlando, FL
255 South Orange Ave
Orlando, FL 32801
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-10
Similar Companies near Orlando
In the Orlando area, 16 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 380) and received an average PPP loan of $521,471 (compared to this company's $4.43M).
Similar Nearby Businesses Who Received PPP Funding:
OM Engineering Services, Ind
Burkett Engineering Inc
Bluewater Telecommunications, Inc
E Sciences, Incorporated
Latitudes Engineering Group LLC
WBQ Design & Engineering Inc
Protean Design Group Inc
Luke Transportation Engineering Consulta
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 96% lower than TLC Engineering Solutions, Inc's reported 380 employees, and received an average PPP loan of $249,856, 94% lower than this company's loan of $4.43M.
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