PPP Loan Data — Genuent Employment, LLC, Houston, TX
Genuent Employment, LLC
Entity: Limited Liability Company (LLC)
Location: Houston, TXTweet This • Search All PPP Data
Genuent Employment, LLC is a limited liability company (LLC) located at 1400 Post Oak Lane Ste 200 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $3,110,500.00 in April, 2020.
$ PPP Loan Information
Lender:BREMER BANK, NATIONAL ASSOCIATION
Genuent Employment, LLC received a Paycheck Protection Loan of $3.11M through BREMER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Genuent Employment, LLC's total 2019 payroll expenses were approximately $14.93M in order to qualify for the PPP loan amount received.
Based on their reported 216 jobs retained, this equals an estimated average yearly compensation of $69,122 per employee1.
Business Information - Genuent Employment, LLC in Houston, TX
1400 Post Oak Lane Ste 200
Houston, TX 77056
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-07
Similar Companies near Houston
In the Houston area, 75 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 216) and received an average PPP loan of $214,792 (compared to this company's $3.11M).
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Adams London Weiss LLC
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Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than Genuent Employment, LLC's reported 216 employees, and received an average PPP loan of $74,488, 98% lower than this company's loan of $3.11M.
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