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PPP Loan Data — Caribbean Temporary Services LLC, Santurce, PR

SBA PPP loan data, payroll data, and salaries for Caribbean Temporary Services LLC

Caribbean Temporary Services LLC

Entity: Corporation

Industry: Temporary Help Services

Location: Santurce, PR

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Caribbean Temporary Services LLC is a corporation located at Ponce De Leon 1431 Suite 701 in Santurce, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.

The company has reported itself as a Hispanic female owned business, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Caribbean Temporary Services LLC in Santurce, PR received a Paycheck Protection Loan of $10M through ORIENTAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Caribbean Temporary Services LLC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.

Because the loan received by Caribbean Temporary Services LLC 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 - Caribbean Temporary Services LLC in Santurce, PR

Caribbean Temporary Services LLC
Ponce De Leon 1431 Suite 701
Santurce, PR 00907

Business Industry

Temporary Help Services (NAICS code 561320)

Business Owner Demographics

Race / Ethnicity: HISPANIC


Veteran Status: Unreported

Congressional District: PR-

Similar Companies near Santurce

In the Santurce area, 3 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 233 employees (compared to this company's 500) and received an average PPP loan of $3,498,172 (compared to this company's $10M).

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, 88% lower than Caribbean Temporary Services LLC's reported 500 employees, and received an average PPP loan of $608,834, 94% lower than this company's loan of $10M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **