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PPP Loan Data — TNT Industrial Contractors, Inc,
Sacramento, CA
TNT Industrial Contractors, Inc
Entity: Corporation
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Sacramento, CA
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TNT Industrial Contractors, Inc is a corporation located at 3800 Happy Lane in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $870,580.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 77 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
77Loan Approved:
2020-04-05Lender:
FIRST BANKTNT Industrial Contractors, Inc received a Paycheck Protection Loan of $870,580 through FIRST BANK, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, TNT Industrial Contractors, Inc's total 2019 payroll expenses were approximately $4.18M in order to qualify for the PPP loan amount received.
Based on their reported 77 jobs retained, this equals an estimated average yearly compensation of $54,270 per employee1.
Business Information - TNT Industrial Contractors, Inc in Sacramento, CA
3800 Happy Lane
Sacramento, CA 95827
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-07Similar Companies near Sacramento
In the Sacramento area, 18 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 77) and received an average PPP loan of $569,429 (compared to this company's $870,580).
Similar Nearby Businesses Who Received PPP Funding:
Upton Home Services, Inc.
Sacramento, CA
Bud's Plumbing Service, Inc.
Sacramento, CA
Cooper Oates Air Conditioning Inc.
Sacramento, CA
Davco/Tab Mechanical, Inc.
Sacramento, CA
Edward Thomas Richards
Sacramento, CA
CAL-Delta Plumbing Inc.
Sacramento, CA
Air Cool Heating & Cooling Inc.
Sacramento, CA
Pacific Heat & Air Inc
Sacramento, CA
Honest And Fair Heating And Air
Sacramento, CA
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 86% lower than TNT Industrial Contractors, Inc's reported 77 employees, and received an average PPP loan of $154,981, 82% lower than this company's loan of $870,580.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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