PPP Loan Data — Total Plastics Resources LLC, Kalamazoo, MI
Total Plastics Resources LLC
Entity: Limited Liability Company (LLC)
Location: Kalamazoo, MITweet This • Search All PPP Data
Total Plastics Resources LLC is a limited liability company (LLC) located at 2810 N Burdick St in Kalamazoo, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,528,800.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Total Plastics Resources LLC received a Paycheck Protection Loan of $3.53M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Total Plastics Resources LLC's total 2019 payroll expenses were approximately $16.94M in order to qualify for the PPP loan amount received.
Unlike most businesses, Total Plastics Resources LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Total Plastics Resources LLC in Kalamazoo, MI
2810 N Burdick St
Kalamazoo, MI 49004
Plastics Materials and Basic Forms and Shapes Merchant Wholesalers (NAICS code 424610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-06
Industry PPP Comparison Statistics
Nationwide, 538 businesses in the "Plastics Materials and Basic Forms and Shapes Merchant Wholesalers" industry received a total of $106,735,038.00 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 13 employees, and received an average PPP loan of $198,392, 94% lower than this company's loan of $3.53M.
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Footnotes & Information
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