PPP Loan Data — Drake Nelson, LLC, Muskogee, OK
Drake Nelson, LLC is a limited liability company (LLC) located at 300 W Shawnee St Ste C in Muskogee, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $3,444,100.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 483 people during the applicable loan loan period.
$ PPP Loan Information
Drake Nelson, LLC in Muskogee, OK received a Paycheck Protection Loan of $3.44M through ARVEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Drake Nelson, LLC's total 2019 payroll expenses were approximately $16.53M in order to qualify for the PPP loan amount received.
Based on their reported 483 jobs retained, this equals an estimated average yearly compensation of $34,227 per employee1.
Business Information - Drake Nelson, LLC in Muskogee, OK
300 W Shawnee St Ste C
Muskogee, OK 74401
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: OK-02
Similar Companies near Muskogee
In the Muskogee area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 264 employees (compared to this company's 483) and received an average PPP loan of $1,815,800 (compared to this company's $3.44M).
Similar Nearby Businesses Who Received PPP Funding:
Premier USA Inc
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, 87% lower than Drake Nelson, LLC's reported 483 employees, and received an average PPP loan of $608,834, 82% lower than this company's loan of $3.44M.
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Footnotes & Information
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