PPP Loan Data — Tlin, Mesa, AZ
Tlin is a limited liability company (LLC) located at 48 N Robson in Mesa, Arizona that received a Coronavirus-related PPP loan from the SBA of $1,595,067.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Tlin in Mesa, AZ received a Paycheck Protection Loan of $1.6M through BBVA USA, which was approved in April, 2020.
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, Tlin's 2019 payroll expenses are estimated to be at least $7.66M.
Based on their reported 450 jobs retained, this equals an estimated average yearly compensation of $17,014 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tlin reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,196,300
- Utilities: $199,383
- Mortgage Interest: $199,383
Business Information - Tlin in Mesa, AZ
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Tlin's reported 450 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $1.6M.
FederalPay's PPP Information Policy
Footnotes & Information
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