FederalPay.org
PPP Loan Data — CRG Corporation,
High Point, NC
CRG Corporation
Entity: Corporation
Industry: Computer Systems Design Services
Location: High Point, NC
Tweet This
•
Search All PPP Data
CRG Corporation is a corporation located at 4000 Piedmont Pkwy in High Point, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,796,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
282Loan Approved:
2020-04-12Lender:
PNC BANK, NATIONAL ASSOCIATIONCRG Corporation in High Point, NC received a Paycheck Protection Loan of $3.8M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, CRG Corporation's total 2019 payroll expenses were approximately $18.22M in order to qualify for the PPP loan amount received.
Based on their reported 282 jobs retained, this equals an estimated average yearly compensation of $64,613 per employee1.
Business Information - CRG Corporation in High Point, NC
4000 Piedmont Pkwy
High Point, NC 27265
Business Industry
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NC-13Similar Companies near High Point
In the High Point area, 3 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 97 employees (compared to this company's 282) and received an average PPP loan of $1,288,780 (compared to this company's $3.8M).
Similar Nearby Businesses Who Received PPP Funding:
Remoterelief, Inc.
High Point, NC
Piedmont Technology LLC
High Point, NC
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 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 10 employees, 96% lower than CRG Corporation's reported 282 employees, and received an average PPP loan of $181,408, 95% lower than this company's loan of $3.8M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!