PPP Loan Data — TVV-C Acquisitions, LLC, Saint Charles, IL
TVV-C Acquisitions, LLC is a limited liability company (LLC) located at 2900 Dukane Dr in Saint Charles, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,878,300.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
TVV-C Acquisitions, LLC received a Paycheck Protection Loan of $3.88M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, TVV-C Acquisitions, LLC's total 2019 payroll expenses were approximately $18.62M in order to qualify for the PPP loan amount received.
Based on their reported 212 jobs retained, this equals an estimated average yearly compensation of $87,811 per employee1.
Business Information - TVV-C Acquisitions, LLC in Saint Charles, IL
2900 Dukane Dr
Saint Charles, IL 60174
Welding and Soldering Equipment Manufacturing (NAICS code 333992)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Similar Companies near Saint Charles
In the Saint Charles area, 2 businesses in the "Welding and Soldering Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 107 employees (compared to this company's 212) and received an average PPP loan of $1,943,775 (compared to this company's $3.88M).
Similar Nearby Businesses Who Received PPP Funding:
Abzenco Welding Inc.
Saint Charles, IL
Industry PPP Comparison Statistics
Nationwide, 2,094 businesses in the "Welding and Soldering Equipment Manufacturing" industry received a total of $197,174,337.00 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 7 employees, 97% lower than TVV-C Acquisitions, LLC's reported 212 employees, and received an average PPP loan of $94,162, 98% lower than this company's loan of $3.88M.
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Footnotes & Information
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