PPP Loan Data — HR Staffing Team LLC, Troy, MI
HR Staffing Team LLC is a subchapter s corporation located at 1800 Crooks Rd in Troy, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,585,500.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
HR Staffing Team LLC in Troy, MI received a Paycheck Protection Loan of $2.59M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, HR Staffing Team LLC's total 2019 payroll expenses were approximately $12.41M in order to qualify for the PPP loan amount received.
Based on their reported 438 jobs retained, this equals an estimated average yearly compensation of $28,334 per employee1.
Business Information - HR Staffing Team LLC in Troy, MI
1800 Crooks Rd
Troy, MI 48084
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-11
Similar Companies near Troy
In the Troy area, 10 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 140 employees (compared to this company's 438) and received an average PPP loan of $1,434,151 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
Amplitude HR, LLC
Engineering Technology Associates Inc
Labor Staffing Solutions LLC
Behavioral Outcomes Management LLC
Indepth Engineering Solutions, LLC
Associated Staffing Company
Community Resource Network Of Florida, LLC
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, 86% lower than HR Staffing Team LLC's reported 438 employees, and received an average PPP loan of $608,834, 76% lower than this company's loan of $2.59M.
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Footnotes & Information
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