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PPP Loan Data — Trib Total Media LLC,
Tarentum, PA
Trib Total Media LLC
Entity: Limited Liability Company (LLC)
Industry: Newspaper Publishers
Location: Tarentum, PA
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Trib Total Media LLC is a limited liability company (LLC) located at 210 Wood St in Tarentum, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in March, 2021.
$
PPP Loan Information
Loan #6994208506
Loan Size:
Jobs Retained:
273Loan Approved:
2021-03-05Loan Status:
Paid in Full or ForgivenLender:
PNC Bank, National AssociationTrib Total Media LLC in Tarentum, PA received a Paycheck Protection Loan of $2M through PNC Bank, National Association, which was approved in March, 2021.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in December, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Trib Total Media LLC's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 273 jobs retained, this equals an estimated average yearly compensation of $35,165 per employee1
Reported PPP Proceed Usage:
On the PPP application, Trib Total Media LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,998
- Utilities: $1
Business Information - Trib Total Media LLC in Tarentum, PA
210 Wood St
Tarentum, PA 15084
Business Industry:
Newspaper Publishers
NAICS code 511110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Trib Total Media LLC.
535 Media LLC
Marketing Research and Public Opinion Polling
Industry PPP Comparison Statistics
Nationwide, 5,136 businesses in the "Newspaper Publishers" industry received a total of $788.88M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 18 employees, 93% lower than Trib Total Media LLC's reported 273 employees, and received an average PPP loan of $153,598, 92% lower than this company's loan of $2M.
Trib Total Media LLC
Entity: Limited Liability Company (LLC)
Industry: Newspaper Publishers
Location: Tarentum, PA
Tweet This
•
Search All PPP Data
Trib Total Media LLC is a limited liability company (LLC) located at 210 Wood St in Tarentum, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,485,600.00 in April, 2020.
$
PPP Loan Information
Loan #5699417103
Loan Size:
Jobs Retained:
295Loan Approved:
2020-04-13Loan Status:
Paid in Full or ForgivenLender:
PNC Bank, National AssociationTrib Total Media LLC in Tarentum, PA received a Paycheck Protection Loan of $4.49M through PNC Bank, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2022.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Trib Total Media LLC's 2019 payroll expenses are estimated to be at least $21.53M.
Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $72,986 per employee1
Reported PPP Proceed Usage:
On the PPP application, Trib Total Media LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $4,485,600
Business Information - Trib Total Media LLC in Tarentum, PA
210 Wood St
Tarentum, PA 15084
Business Industry:
Newspaper Publishers
NAICS code 511110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Trib Total Media LLC.
535 Media LLC
Marketing Research and Public Opinion Polling
Industry PPP Comparison Statistics
Nationwide, 5,136 businesses in the "Newspaper Publishers" industry received a total of $788.88M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 18 employees, 94% lower than Trib Total Media LLC's reported 295 employees, and received an average PPP loan of $153,598, 97% lower than this company's loan of $4.49M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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