PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Burgess Information Systems, Inc., Gainesville, GA

SBA PPP loan data, payroll data, and salaries for Burgess Information Systems, Inc.
GA

Burgess Information Systems, Inc.

Entity: Corporation

Industry: Custom Computer Programming Services

Location: Gainesville, GA

Search All PPP Data

Burgess Information Systems, Inc. is a corporation located at 1267 Professional Pkwy in Gainesville, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,737,697.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$2.74M

Jobs Retained:

239

Loan Approved:

2020-05-01

Lender:

FIFTH THIRD BANK

Burgess Information Systems, Inc. in Gainesville, GA received a Paycheck Protection Loan of $2.74M through FIFTH THIRD BANK, which was approved in May, 2020.

Based on standard PPP eligibility rules, Burgess Information Systems, Inc.'s total 2019 payroll expenses were approximately $13.14M in order to qualify for the PPP loan amount received.

Based on their reported 239 jobs retained, this equals an estimated average yearly compensation of $54,983 per employee1.

Because the loan received by Burgess Information Systems, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Burgess Information Systems, Inc. in Gainesville, GA

Burgess Information Systems, Inc.
1267 Professional Pkwy
Gainesville, GA 30507

Business Industry

Custom Computer Programming Services (NAICS code 541511)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: GA-09

Similar Companies near Gainesville

In the Gainesville area, 4 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 239) and received an average PPP loan of $791,045 (compared to this company's $2.74M).

Industry PPP Comparison Statistics

Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 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 11 employees, 95% lower than Burgess Information Systems, Inc.'s reported 239 employees, and received an average PPP loan of $200,633, 93% lower than this company's loan of $2.74M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/burgess-information-systems-inc-gainesville-ga