PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — TST, Inc., Chino, CA

SBA PPP loan data, payroll data, and salaries for TST, Inc.
CA

TST, Inc.

Entity: Limited Liability Company (LLC)

Industry: Secondary Smelting and Alloying of Aluminum

Location: Chino, CA

Search All PPP Data

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

Loan Size:

$2.46M

Jobs Retained:

280

Loan Approved:

2020-04-15

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.

Because the loan received by TST, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - TST, Inc. in Chino, CA

TST, Inc.
13428 Benson Ave
Chino, CA 91710

Business Industry

Secondary Smelting and Alloying of Aluminum (NAICS code 331314)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/tst-inc-chino-ca