PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Manpower, Inc. Of Southeastern Michigan, Ann Arbor, MI

SBA PPP loan data, payroll data, and salaries for Manpower, Inc. Of Southeastern Michigan
MI

Manpower, Inc. Of Southeastern Michigan

Entity: Corporation

Industry: Temporary Help Services

Location: Ann Arbor, MI

Search All PPP Data

Manpower, Inc. Of Southeastern Michigan is a corporation located at 173 Parkland Plz Suite D in Ann Arbor, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,441,060.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 415 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.44M

Jobs Retained:

415

Loan Approved:

2020-04-06

Lender:

CHELSEA STATE BANK

Manpower, Inc. Of Southeastern Michigan in Ann Arbor, MI received a Paycheck Protection Loan of $3.44M through CHELSEA STATE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Manpower, Inc. Of Southeastern Michigan's total 2019 payroll expenses were approximately $16.52M in order to qualify for the PPP loan amount received.

Based on their reported 415 jobs retained, this equals an estimated average yearly compensation of $39,800 per employee1.

Because the loan received by Manpower, Inc. Of Southeastern Michigan is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Manpower, Inc. Of Southeastern Michigan in Ann Arbor, MI

Manpower, Inc. Of Southeastern Michigan
173 Parkland Plz Suite D
Ann Arbor, MI 48103

Business Industry

Temporary Help Services (NAICS code 561320)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: Unreported

Congressional District: MI-12

Similar Companies near Ann Arbor

In the Ann Arbor area, 5 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 98 employees (compared to this company's 415) and received an average PPP loan of $860,488 (compared to this company's $3.44M).

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, 85% lower than Manpower, Inc. Of Southeastern Michigan's reported 415 employees, and received an average PPP loan of $608,834, 82% lower than this company's loan of $3.44M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/manpower-inc-of-southeastern-michigan-ann-arbor-mi