PPP Loan Data — Compass Consulting Group Inc, Danville, CA
Compass Consulting Group Inc is a corporation located at 205 Fieldcrest Ct in Danville, California that received a Coronavirus-related PPP loan from the SBA of $2,515,301.00 in April, 2020.
$ PPP Loan Information
Compass Consulting Group Inc received a Paycheck Protection Loan of $2.52M through AXOS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Compass Consulting Group Inc's total 2019 payroll expenses were approximately $12.07M in order to qualify for the PPP loan amount received.
Based on their reported 123 jobs retained, this equals an estimated average yearly compensation of $98,158 per employee1.
Business Information - Compass Consulting Group Inc in Danville, CA
205 Fieldcrest Ct
Danville, CA 94506
Human Resources Consulting Services (NAICS code 541612)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-11
Similar Companies near Danville
In the Danville area, 3 businesses in the "Human Resources Consulting Services" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 123) and received an average PPP loan of $845,572 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
Littlejohn Leadership Coaching
Cypress Global Consulting LLC
Industry PPP Comparison Statistics
Nationwide, 4,762 businesses in the "Human Resources Consulting Services" industry received a total of $618,531,209.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 91% lower than Compass Consulting Group Inc's reported 123 employees, and received an average PPP loan of $129,889, 95% lower than this company's loan of $2.52M.
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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