PPP Loan Data — TMC Mobile Service LLC, Spokane, WA
TMC Mobile Service LLC is a limited liability company (LLC) located at 12411 E 8th Ave #26 in Spokane, Washington that received a Coronavirus-related PPP loan from the SBA of $25,334.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
TMC Mobile Service LLC in Spokane, WA received a Paycheck Protection Loan of $25,334 through Glacier Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
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, TMC Mobile Service LLC's 2019 payroll expenses are estimated to be at least $121,603.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,267 per employee1
Reported PPP Proceed Usage:
On the PPP application, TMC Mobile Service LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,334
Business Information - TMC Mobile Service LLC in Spokane, WA
12411 E 8th Ave #26
Spokane, WA 99216
NAICS code 999990
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Spokane
In the Spokane area, 9 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 6) and received an average PPP loan of $63,817 (compared to this company's $25,334).
Similar Nearby Businesses Who Received PPP Funding:
Northwest Nobodies Inc
Bighorn Environmental Air Quality LLC
Loan Fox Inc
Jump For Joy LLC
Spokane Vly, WA
Harris Athletics Corp
Benjamin J Bunfill
Spokane Valley, WA
Hope Of Life LLC
Spokane Valley, WA
Circle N Stores LLC
Industry PPP Comparison Statistics
Nationwide, 85,647 businesses in the "Unclassified Establishments" industry received a total of $3.67B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 10 employees, 67% higher than TMC Mobile Service LLC's reported 6 employees, and received an average PPP loan of $42,878, 69% higher than this company's loan of $25,334.
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Footnotes & Information
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