PPP Loan Data — TST, Inc., Chino, CA
TST, Inc. is a limited liability company (LLC) located at 13428 Benson Ave in Chino, California that received a Coronavirus-related PPP loan from the SBA of $2,458,463.00 in April, 2020.
$ PPP Loan Information
Lender:MUFG UNION BANK, NATIONAL ASSOCIATION
TST, Inc. received a Paycheck Protection Loan of $2.46M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, TST, Inc.'s total 2019 payroll expenses were approximately $11.8M in order to qualify for the PPP loan amount received.
Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $42,145 per employee1.
Business Information - TST, Inc. in Chino, CA
13428 Benson Ave
Chino, CA 91710
Secondary Smelting and Alloying of Aluminum (NAICS code 331314)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-35
Industry PPP Comparison Statistics
Nationwide, 46 businesses in the "Secondary Smelting and Alloying of Aluminum" industry received a total of $38,193,131.00 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 62 employees, 78% lower than TST, Inc.'s reported 280 employees, and received an average PPP loan of $830,285, 66% lower than this company's loan of $2.46M.
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Footnotes & Information
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