PPP Loan Data — TYR Tactical LLC, Peoria, AZ
TYR Tactical LLC is a limited liability company (LLC) located at 9330 91st Ave in Peoria, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,142,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 297 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:BMO Harris Bank National Association
TYR Tactical LLC in Peoria, AZ received a Paycheck Protection Loan of $2.14M through BMO Harris Bank National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, TYR Tactical LLC's 2019 payroll expenses are estimated to be at least $10.28M.
Based on their reported 297 jobs retained, this equals an estimated average yearly compensation of $34,621 per employee1
Reported PPP Proceed Usage:
On the PPP application, TYR Tactical LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,142,200
Business Information - TYR Tactical LLC in Peoria, AZ
9330 91st Ave
Peoria, AZ 85345
All Other Miscellaneous Manufacturing
NAICS code 339999
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 17,359 businesses in the "All Other Miscellaneous Manufacturing" industry received a total of $2.06B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 96% lower than TYR Tactical LLC's reported 297 employees, and received an average PPP loan of $118,586, 94% lower than this company's loan of $2.14M.
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Footnotes & Information
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