PPP Loan Data — Turner Mining Group, Bloomington, IN
Turner Mining Group
Entity: Limited Liability Company (LLC)
Location: Bloomington, INTweet This • Search All PPP Data
Turner Mining Group is a limited liability company (LLC) located at 304 W Kirkwood Ave in Bloomington, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,975,000.00 in April, 2020.
$ PPP Loan Information
Lender:GERMAN AMERICAN BANK
Turner Mining Group in Bloomington, IN received a Paycheck Protection Loan of $2.98M through GERMAN AMERICAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Turner Mining Group's total 2019 payroll expenses were approximately $14.28M in order to qualify for the PPP loan amount received.
Based on their reported 167 jobs retained, this equals an estimated average yearly compensation of $85,509 per employee1.
Business Information - Turner Mining Group in Bloomington, IN
304 W Kirkwood Ave
Bloomington, IN 47404
Support Activities for Nonmetallic Minerals (except Fuels) Mining (NAICS code 213115)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-09
Industry PPP Comparison Statistics
Nationwide, 99 businesses in the "Support Activities for Nonmetallic Minerals (except Fuels) Mining" industry received a total of $12,013,903.00 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 9 employees, 95% lower than Turner Mining Group's reported 167 employees, and received an average PPP loan of $121,353, 96% lower than this company's loan of $2.98M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!