PPP Loan Data — M & K Employee Services, Inc., Byron Center, MI
M & K Employee Services, Inc.
Location: Byron Center, MITweet This • Search All PPP Data
M & K Employee Services, Inc. is a corporation located at 8800 Byron Commerce Dr. in Byron Center, Michigan that received a Coronavirus-related PPP loan from the SBA of $9,980,253.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TCF NATIONAL BANK
M & K Employee Services, Inc. in Byron Center, MI received a Paycheck Protection Loan of $9.98M through TCF NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, M & K Employee Services, Inc.'s total 2019 payroll expenses were approximately $47.91M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $95,810 per employee1.
Business Information - M & K Employee Services, Inc. in Byron Center, MI
8800 Byron Commerce Dr.
Byron Center, MI 49315
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (NAICS code 532120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MI-03
Similar Companies near Byron Center
In the Byron Center area, 2 businesses in the "Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing" industry received a PPP loan. These local businesses reported an average of 255 employees (compared to this company's 500) and received an average PPP loan of $5,103,163 (compared to this company's $9.98M).
Similar Nearby Businesses Who Received PPP Funding:
Michigan Truck & Equipment Sales, Inc.
Byron Center, MI
Industry PPP Comparison Statistics
Nationwide, 1,428 businesses in the "Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing" industry received a total of $223,290,538.00 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 12 employees, 98% lower than M & K Employee Services, Inc.'s reported 500 employees, and received an average PPP loan of $156,366, 98% lower than this company's loan of $9.98M.
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