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PPP Loan Data — Doherty Staffing Solutions, Inc, Edina, MN

SBA PPP loan data, payroll data, and salaries for Doherty Staffing Solutions, Inc

Doherty Staffing Solutions, Inc

Entity: Subchapter S Corporation

Industry: Professional Employer Organizations

Location: Edina, MN

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Doherty Staffing Solutions, Inc is a subchapter s corporation located at 7645 Metro Blvd in Edina, Minnesota that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Doherty Staffing Solutions, Inc in Edina, MN received a Paycheck Protection Loan of $10M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Doherty Staffing Solutions, Inc'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 Doherty Staffing Solutions, Inc 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 - Doherty Staffing Solutions, Inc in Edina, MN

Doherty Staffing Solutions, Inc
7645 Metro Blvd
Edina, MN 55439

Business Industry

Professional Employer Organizations (NAICS code 561330)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MN-03

Similar Companies near Edina

In the Edina area, 2 businesses in the "Professional Employer Organizations" industry received a PPP loan. These local businesses reported an average of 272 employees (compared to this company's 500) and received an average PPP loan of $5,403,850 (compared to this company's $10M).

Similar Nearby Businesses Who Received PPP Funding:

Orange Tree Employment Screening LLC
Minneapolis, MN

$807,700 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,298 businesses in the "Professional Employer Organizations" industry received a total of $544,321,819.00 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 38 employees, 92% lower than Doherty Staffing Solutions, Inc's reported 500 employees, and received an average PPP loan of $419,354, 96% 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 **