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PPP Loan Data — Orange Tree Employment Screening LLC,
Minneapolis, MN
Orange Tree Employment Screening LLC
Entity: Limited Liability Company (LLC)
Industry: Professional Employer Organizations
Location: Minneapolis, MN
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Orange Tree Employment Screening LLC is a limited liability company (LLC) located at 7275 Ohms Lane in Minneapolis, Minnesota that received a Coronavirus-related PPP loan from the SBA of $807,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 43 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
43Loan Approved:
2020-04-06Lender:
CHOICE FINANCIAL GROUPOrange Tree Employment Screening LLC received a Paycheck Protection Loan of $807,700 through CHOICE FINANCIAL GROUP, which was approved in April, 2020.
Based on standard PPP eligibility rules, Orange Tree Employment Screening LLC's total 2019 payroll expenses were approximately $3.88M in order to qualify for the PPP loan amount received.
Based on their reported 43 jobs retained, this equals an estimated average yearly compensation of $90,162 per employee1.
Business Information - Orange Tree Employment Screening LLC in Minneapolis, MN
7275 Ohms Lane
Minneapolis, MN 55439
Business Industry
Professional Employer Organizations (NAICS code 561330)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: MN-03Similar Companies near Minneapolis
In the Minneapolis area, 2 businesses in the "Professional Employer Organizations" industry received a PPP loan. These local businesses reported an average of 272 employees (compared to this company's 43) and received an average PPP loan of $5,403,850 (compared to this company's $807,700).
Similar Nearby Businesses Who Received PPP Funding:
Doherty Staffing Solutions, Inc
Edina, MN
Industry PPP Comparison Statistics
Nationwide, 1,298 businesses in the "Professional Employer Organizations" industry received a total of $544,321,819.00 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 38 employees, 12% lower than Orange Tree Employment Screening LLC's reported 43 employees, and received an average PPP loan of $419,354, 48% lower than this company's loan of $807,700.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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.
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