PPP Loan Data — Trivista Companies, Inc., Altoona, IA
Trivista Companies, Inc. is a subchapter s corporation located at 3311 Adventureland Dr in Altoona, Iowa that received a Coronavirus-related PPP loan from the SBA of $5,688,152.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 426 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST HARRISON BANK
Trivista Companies, Inc. received a Paycheck Protection Loan of $5.69M through FIRST HARRISON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Trivista Companies, Inc.'s total 2019 payroll expenses were approximately $27.3M in order to qualify for the PPP loan amount received.
Based on their reported 426 jobs retained, this equals an estimated average yearly compensation of $64,092 per employee1.
Business Information - Trivista Companies, Inc. in Altoona, IA
3311 Adventureland Dr
Altoona, IA 50009
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: IA-03
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 89% lower than Trivista Companies, Inc.'s reported 426 employees, and received an average PPP loan of $656,005, 88% lower than this company's loan of $5.69M.
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Footnotes & Information
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