PPP Loan Data — Compass Facility Services, Inc., Georgetown, MA
Compass Facility Services, Inc. is a subchapter s corporation located at 65 Jackman Street in Georgetown, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $3,387,548.00 in April, 2020.
$ PPP Loan Information
Lender:CAMBRIDGE SAVINGS BANK
Compass Facility Services, Inc. received a Paycheck Protection Loan of $3.39M through CAMBRIDGE SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Compass Facility Services, Inc.'s total 2019 payroll expenses were approximately $16.26M in order to qualify for the PPP loan amount received.
Based on their reported 421 jobs retained, this equals an estimated average yearly compensation of $38,623 per employee1.
Business Information - Compass Facility Services, Inc. in Georgetown, MA
65 Jackman Street
Georgetown, MA 1833
Janitorial Services (NAICS code 561720)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-06
Similar Companies near Georgetown
In the Georgetown area, 3 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 141 employees (compared to this company's 421) and received an average PPP loan of $1,136,378 (compared to this company's $3.39M).
Similar Nearby Businesses Who Received PPP Funding:
YC General Cleaning Services Inc
Industry PPP Comparison Statistics
Nationwide, 31,508 businesses in the "Janitorial Services" industry received a total of $2,265,370,248.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 97% lower than Compass Facility Services, Inc.'s reported 421 employees, and received an average PPP loan of $71,898, 98% lower than this company's loan of $3.39M.
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Footnotes & Information
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