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PPP Loan Data — 4M HR Logistics LLC,
San Antonio, TX
4M HR Logistics LLC
Entity: Limited Liability Company (LLC)
Industry: Temporary Help Services
Location: San Antonio, TX
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4M HR Logistics LLC is a limited liability company (LLC) located at 1218 Arion Parkway in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $1,434,217.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
127Loan Approved:
2020-04-11Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION4M HR Logistics LLC received a Paycheck Protection Loan of $1.43M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, 4M HR Logistics LLC's total 2019 payroll expenses were approximately $6.88M in order to qualify for the PPP loan amount received.
Based on their reported 127 jobs retained, this equals an estimated average yearly compensation of $54,207 per employee1.
Business Information - 4M HR Logistics LLC in San Antonio, TX
1218 Arion Parkway
San Antonio, TX 78216
Business Industry
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-21Similar Companies near San Antonio
In the San Antonio area, 9 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 98 employees (compared to this company's 127) and received an average PPP loan of $1,134,030 (compared to this company's $1.43M).
Similar Nearby Businesses Who Received PPP Funding:
JAT Partners, LLC
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Avant Agency Inc
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Direct Rehab, Inc.
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Leadingedge Personnel, LTD
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Iworks Personnel Inc
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Renhill Staffing Services Of Texas Inc
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Opcion Uno, LTD
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Industry PPP Comparison Statistics
Nationwide, 4,404 businesses in the "Temporary Help Services" industry received a total of $2,681,304,257.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 61 employees, 52% lower than 4M HR Logistics LLC's reported 127 employees, and received an average PPP loan of $608,834, 58% lower than this company's loan of $1.43M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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