PPP Loan Data — Total Education Solutions, Inc., S Pasadena, CA
Total Education Solutions, Inc. is a sole proprietorship located at 625 Fair Oaks Ave in S Pasadena, California that received a Coronavirus-related PPP loan from the SBA of $5,142,855.00 in April, 2020.
$ PPP Loan Information
Lender:PACIFIC PREMIER BANK
Total Education Solutions, Inc. received a Paycheck Protection Loan of $5.14M through PACIFIC PREMIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Total Education Solutions, Inc.'s total 2019 payroll expenses were approximately $24.69M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $49,371 per employee1.
Business Information - Total Education Solutions, Inc. in S Pasadena, CA
625 Fair Oaks Ave
S Pasadena, CA 91030
Educational Support Services (NAICS code 611710)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-27
Similar Companies near S Pasadena
In the S Pasadena area, 4 businesses in the "Educational Support Services" industry received a PPP loan. These local businesses reported an average of 126 employees (compared to this company's 500) and received an average PPP loan of $1,304,746 (compared to this company's $5.14M).
Similar Nearby Businesses Who Received PPP Funding:
Booty Barre Inc
S Pasadena, CA
US & China Cultural & Education Exchange Association
South Pasadena, CA
South Pasadena, CA
Industry PPP Comparison Statistics
Nationwide, 14,366 businesses in the "Educational Support Services" industry received a total of $1,365,122,225.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 9 employees, 98% lower than Total Education Solutions, Inc.'s reported 500 employees, and received an average PPP loan of $95,025, 98% lower than this company's loan of $5.14M.
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