PPP Loan Data — IR Payroll Services, Inc., San Antonio, TX
IR Payroll Services, Inc. is a subchapter s corporation located at 2251 Broadway, Suite 108 in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $2,955,350.00 in April, 2020.
$ PPP Loan Information
Lender:TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
IR Payroll Services, Inc. received a Paycheck Protection Loan of $2.96M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, IR Payroll Services, Inc.'s total 2019 payroll expenses were approximately $14.19M in order to qualify for the PPP loan amount received.
Based on their reported 272 jobs retained, this equals an estimated average yearly compensation of $52,153 per employee1.
Business Information - IR Payroll Services, Inc. in San Antonio, TX
2251 Broadway, Suite 108
San Antonio, TX 78215
Payroll Services (NAICS code 541214)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-21
Similar Companies near San Antonio
In the San Antonio area, 3 businesses in the "Payroll Services" industry received a PPP loan. These local businesses reported an average of 117 employees (compared to this company's 272) and received an average PPP loan of $1,329,828 (compared to this company's $2.96M).
Similar Nearby Businesses Who Received PPP Funding:
San Antonio, TX
San Antonio, TX
Industry PPP Comparison Statistics
Nationwide, 2,351 businesses in the "Payroll Services" industry received a total of $440,646,100.00 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 17 employees, 94% lower than IR Payroll Services, Inc.'s reported 272 employees, and received an average PPP loan of $187,429, 94% lower than this company's loan of $2.96M.
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Footnotes & Information
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