PPP Loan Data — TQ Logistics Inc, Marietta, GA
TQ Logistics Inc
Location: Marietta, GATweet This • Search All PPP Data
TQ Logistics Inc is a corporation located at 3698 Largent Way #104 in Marietta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,981,909.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
TQ Logistics Inc in Marietta, GA received a Paycheck Protection Loan of $2.98M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, TQ Logistics Inc's total 2019 payroll expenses were approximately $14.31M in order to qualify for the PPP loan amount received.
Unlike most businesses, TQ Logistics Inc'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 - TQ Logistics Inc in Marietta, GA
3698 Largent Way #104
Marietta, GA 30064
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Marietta
In the Marietta area, 4 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $755,956 (compared to this company's $2.98M).
Similar Nearby Businesses Who Received PPP Funding:
Clarity Logistics LLC
Aim Freight Trail Logistics LLC
J And B Enterprises II LLC
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, and received an average PPP loan of $80,292, 97% lower than this company's loan of $2.98M.
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Footnotes & Information
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