PPP Loan Data — People Source Staffing Professionals LLC, Oklahoma City, OK
People Source Staffing Professionals LLC is a limited liability company (LLC) located at 7320 N Classen Blvd in Oklahoma City, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $4,664,700.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST UNITED BANK AND TRUST COMPANY
People Source Staffing Professionals LLC received a Paycheck Protection Loan of $4.66M through FIRST UNITED BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, People Source Staffing Professionals LLC's total 2019 payroll expenses were approximately $22.39M in order to qualify for the PPP loan amount received.
Based on their reported 443 jobs retained, this equals an estimated average yearly compensation of $50,543 per employee1.
Business Information - People Source Staffing Professionals LLC in Oklahoma City, OK
7320 N Classen Blvd
Oklahoma City, OK 73116
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OK-05
Similar Companies near Oklahoma City
In the Oklahoma City area, 2 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 235 employees (compared to this company's 443) and received an average PPP loan of $2,752,350 (compared to this company's $4.66M).
Similar Nearby Businesses Who Received PPP Funding:
People Source Industrial Staffing LLC
Oklahoma City, OK
Industry PPP Comparison Statistics
Nationwide, 7,294 businesses in the "Employment Placement Agencies" industry received a total of $2,648,453,106.00 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 38 employees, 91% lower than People Source Staffing Professionals LLC's reported 443 employees, and received an average PPP loan of $363,100, 92% lower than this company's loan of $4.66M.
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Footnotes & Information
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