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PPP Loan Data — Pionear, LLC,
Charlotte, NC
Pionear, LLC
Entity: Limited Liability Company (LLC)
Industry: Temporary Help Services
Location: Charlotte, NC
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Pionear, LLC is a limited liability company (LLC) located at 2201 South Blvd in Charlotte, North Carolina that received a Coronavirus-related PPP loan from the SBA of $2,482,400.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 256 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
256Loan Approved:
2020-04-10Lender:
UNITED COMMUNITY BANKPionear, LLC in Charlotte, NC received a Paycheck Protection Loan of $2.48M through UNITED COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pionear, LLC's total 2019 payroll expenses were approximately $11.92M in order to qualify for the PPP loan amount received.
Based on their reported 256 jobs retained, this equals an estimated average yearly compensation of $46,545 per employee1.
Business Information - Pionear, LLC in Charlotte, NC
2201 South Blvd
Charlotte, NC 28203
Business Industry
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: Unreported
Veteran Status: Unreported
Congressional District: NC-12Similar Companies near Charlotte
In the Charlotte area, 5 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 256) and received an average PPP loan of $884,972 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
PCR Staffing LLC
Charlotte, NC
Integra Staffing LLC
Charlotte, NC
Carn Internationlal LLC
Charlotte, NC
Capital Talent Partners Inc
Charlotte, NC
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, 76% lower than Pionear, LLC's reported 256 employees, and received an average PPP loan of $608,834, 75% lower than this company's loan of $2.48M.
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.
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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