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PPP Loan Data — Burgess Information Systems, Inc.,
Gainesville, GA
Burgess Information Systems, Inc.
Entity: Corporation
Industry: Custom Computer Programming Services
Location: Gainesville, GA
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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:
Jobs Retained:
239Loan Approved:
2020-05-01Lender:
FIFTH THIRD BANKBurgess 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.
Business Information - Burgess Information Systems, Inc. in Gainesville, GA
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-09Similar 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).
Similar Nearby Businesses Who Received PPP Funding:
ACE Microtechnology, Inc
Gainesville, GA
Total Software Development Group, LLC
Gainesville, GA
Gaidge LLC
Gainesville, GA
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.
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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