PPP Loan Data — Triangle Enterprises, Inc, Paducah, KY
Triangle Enterprises, Inc
Location: Paducah, KYTweet This • Search All PPP Data
Triangle Enterprises, Inc is a corporation located at 3630 Cairo Rd in Paducah, Kentucky that received a Coronavirus-related PPP loan from the SBA of $4,412,000.00 in April, 2020.
$ PPP Loan Information
Lender:THE PADUCAH BANK AND TRUST COMPANY
Triangle Enterprises, Inc received a Paycheck Protection Loan of $4.41M through THE PADUCAH BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Triangle Enterprises, Inc's total 2019 payroll expenses were approximately $21.18M in order to qualify for the PPP loan amount received.
Based on their reported 228 jobs retained, this equals an estimated average yearly compensation of $92,884 per employee1.
Business Information - Triangle Enterprises, Inc in Paducah, KY
3630 Cairo Rd
Paducah, KY 42001
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-01
Similar Companies near Paducah
In the Paducah area, 7 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 228) and received an average PPP loan of $698,902 (compared to this company's $4.41M).
Similar Nearby Businesses Who Received PPP Funding:
Barton Plumbing & Piping LLC
AAA Heating & Air Conditioning, Inc.
Ivitts Plumbing Contractors Inc
Ballard Plumbing Service LLC
Galloway Plumbing And Mechanical,LLC
Paducah Heating And Air
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 95% lower than Triangle Enterprises, Inc's reported 228 employees, and received an average PPP loan of $154,981, 96% lower than this company's loan of $4.41M.
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