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PPP Loan Data — BTS USA, Inc,
San Francisco, CA
BTS USA, Inc
Entity: Corporation
Industry: Administrative Management and General Management Consulting Services
Location: San Francisco, CA
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BTS USA, Inc is a corporation located at 222 Kearny St in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $5,858,427.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
318Loan Approved:
2020-05-02Lender:
AXOS BANKBTS USA, Inc received a Paycheck Protection Loan of $5.86M through AXOS BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, BTS USA, Inc's total 2019 payroll expenses were approximately $28.12M in order to qualify for the PPP loan amount received.
Based on their reported 318 jobs retained, this equals an estimated average yearly compensation of $88,429 per employee1.
Business Information - BTS USA, Inc in San Francisco, CA
222 Kearny St
San Francisco, CA 94108
Business Industry
Administrative Management and General Management Consulting Services (NAICS code 541611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-12Similar Companies near San Francisco
In the San Francisco area, 41 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 318) and received an average PPP loan of $218,026 (compared to this company's $5.86M).
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Industry PPP Comparison Statistics
Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than BTS USA, Inc's reported 318 employees, and received an average PPP loan of $86,242, 99% lower than this company's loan of $5.86M.
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.
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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