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PPP Loan Data — Tuttle Family Enterprises, Inc,
Chatsworth, CA
Tuttle Family Enterprises, Inc
Entity: Corporation
Industry: Other Personal and Household Goods Repair and Maintenance
Location: Chatsworth, CA
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Tuttle Family Enterprises, Inc is a corporation located at 21020 Superior Street in Chatsworth, California that received a Coronavirus-related PPP loan from the SBA of $4,312,275.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-12Lender:
MUFG UNION BANK, NATIONAL ASSOCIATIONTuttle Family Enterprises, Inc in Chatsworth, CA received a Paycheck Protection Loan of $4.31M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tuttle Family Enterprises, Inc's total 2019 payroll expenses were approximately $20.7M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $41,398 per employee1.
Business Information - Tuttle Family Enterprises, Inc in Chatsworth, CA
21020 Superior Street
Chatsworth, CA 91311
Business Industry
Other Personal and Household Goods Repair and Maintenance (NAICS code 811490)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-25Similar Companies near Chatsworth
In the Chatsworth area, 5 businesses in the "Other Personal and Household Goods Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 104 employees (compared to this company's 500) and received an average PPP loan of $883,494 (compared to this company's $4.31M).
Similar Nearby Businesses Who Received PPP Funding:
Orbanni LLC
Chatsworth, CA
Bear Trailers, Inc
Chatsworth, CA
Mommy & Me Cleaning Inc
Chatsworth, CA
Frontline Windows & More Inc
Chatsworth, CA
Industry PPP Comparison Statistics
Nationwide, 9,496 businesses in the "Other Personal and Household Goods Repair and Maintenance" industry received a total of $387,422,684.00 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 5 employees, 99% lower than Tuttle Family Enterprises, Inc's reported 500 employees, and received an average PPP loan of $40,799, 99% lower than this company's loan of $4.31M.
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, and is published unmodified, as provided by the SBA.
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.
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