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PPP Loan Data — Trencore Plastering, Inc.,
Anaheim, CA
Trencore Plastering, Inc.
Entity: Corporation
Industry: Drywall and Insulation Contractors
Location: Anaheim, CA
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Trencore Plastering, Inc. is a corporation located at 4501 E La Palma Ave, Suite 200 in Anaheim, California that received a Coronavirus-related PPP loan from the SBA of $5,293,405.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-30Lender:
ENDEAVOR BANKTrencore Plastering, Inc. in Anaheim, CA received a Paycheck Protection Loan of $5.29M through ENDEAVOR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Trencore Plastering, Inc.'s total 2019 payroll expenses were approximately $25.41M 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 $50,817 per employee1.
Business Information - Trencore Plastering, Inc. in Anaheim, CA
4501 E La Palma Ave, Suite 200
Anaheim, CA 92807
Business Industry
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: CA-45Similar Companies near Anaheim
In the Anaheim area, 5 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 177 employees (compared to this company's 500) and received an average PPP loan of $2,255,674 (compared to this company's $5.29M).
Similar Nearby Businesses Who Received PPP Funding:
Mowery, Thomason, Inc.
Anaheim, CA
Best Interiors, Inc.
Anaheim, CA
Bizal-Hoff Co. Inc.
Anaheim, CA
Orange County Thermal Industries, Inc.
Anaheim, CA
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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 14 employees, 97% lower than Trencore Plastering, Inc.'s reported 500 employees, and received an average PPP loan of $192,711, 96% lower than this company's loan of $5.29M.
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, and is published unmodified, as provided by the SBA.
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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