text: Tangra in Tampa, FL - SBA PPP Loan Data (Paycheck Protection Program)
  PPP Loan Data — Tangra, Tampa, FL
  Tangra is a sole proprietorship located at 1611 East 7th Avenue in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $190,500.00 in April, 2020.
  Loan #1122977202
  Tangra in Tampa, FL received a Paycheck Protection Loan of $190,500 through Customers Bank, which was approved in April, 2020.
  For Tangra, the calculation used to estimate payroll costs is shown below:
  ($190,500 / 2.5) * 12 = $914,400
  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, Tangra's 2019 payroll expenses are estimated to be at least $914,400.
  Based on their reported 57 jobs retained, this equals an estimated average yearly compensation of $16,042 per employee1
  On the PPP application, Tangra reported intending to use the proceeds of their PPP loan for the following expenses:
  Payroll: $190,500
  Business Information - Tangra in Tampa, FL
  In the Tampa area, 18 businesses in the "Snack and Nonalcoholic Beverage Bars" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 57) and received an average PPP loan of $85,621 (compared to this company's $190,500).
  PPP recipients in this industry report an average of 11 employees, 81% lower than Tangra's reported 57 employees, and received an average PPP loan of $52,004, 73% lower than this company's loan of $190,500.