PPP Loan Data — Labor Finders Of Virginia Inc, Manassa, VA
Labor Finders Of Virginia Inc is a subchapter s corporation located at 8910 Centreville Road in Manassa, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,505,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 464 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST-CITIZENS BANK & TRUST COMPANY
Labor Finders Of Virginia Inc in Manassa, VA received a Paycheck Protection Loan of $2.51M through FIRST-CITIZENS BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Labor Finders Of Virginia Inc's total 2019 payroll expenses were approximately $12.03M in order to qualify for the PPP loan amount received.
Based on their reported 464 jobs retained, this equals an estimated average yearly compensation of $25,918 per employee1.
Business Information - Labor Finders Of Virginia Inc in Manassa, VA
8910 Centreville Road
Manassa, VA 20110
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: VA-10
Similar Companies near Manassa
In the Manassa area, 6 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 121 employees (compared to this company's 464) and received an average PPP loan of $704,915 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
M L F Inc.
Phase II Staffing And Contracting, LLC
Blue Ridge Jet Management LLC
Labor Finders Of Miami Inc
Labor Finders Of Broward County 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 Labor Finders Of Virginia Inc's reported 464 employees, and received an average PPP loan of $608,834, 76% lower than this company's loan of $2.51M.
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Footnotes & Information
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