PPP Loan Data — Tri- Lakes Services, Inc, Gillham, AR
Tri- Lakes Services, Inc
Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Location: Gillham, ARTweet This • Search All PPP Data
Tri- Lakes Services, Inc is a corporation located at 111 N 2nd St in Gillham, Arkansas that received a Coronavirus-related PPP loan from the SBA of $2,681,610.00 in April, 2020.
$ PPP Loan Information
Tri- Lakes Services, Inc received a Paycheck Protection Loan of $2.68M through ARVEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tri- Lakes Services, Inc's total 2019 payroll expenses were approximately $12.87M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $51,487 per employee1.
Business Information - Tri- Lakes Services, Inc in Gillham, AR
111 N 2nd St
Gillham, AR 71841
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AR-04
Industry PPP Comparison Statistics
Nationwide, 12,028 businesses in the "Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance" industry received a total of $1,542,124,009.00 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 10 employees, 96% lower than Tri- Lakes Services, Inc's reported 250 employees, and received an average PPP loan of $128,211, 95% lower than this company's loan of $2.68M.
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