PPP Loan Data — Premier System Integrators, Inc., Smyrna, TN
Premier System Integrators, Inc. is an employee stock ownership plan (esop) located at 140 Weakley Lane in Smyrna, Tennessee that received a Coronavirus-related PPP loan from the SBA of $3,250,000.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Premier System Integrators, Inc. received a Paycheck Protection Loan of $3.25M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Premier System Integrators, Inc.'s total 2019 payroll expenses were approximately $15.6M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $81,250 per employee1.
Business Information - Premier System Integrators, Inc. in Smyrna, TN
140 Weakley Lane
Smyrna, TN 37167
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-04
Similar Companies near Smyrna
In the Smyrna area, 3 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 192) and received an average PPP loan of $1,149,619 (compared to this company's $3.25M).
Similar Nearby Businesses Who Received PPP Funding:
Network Technology Partners LLC
Daniel Mcanally DBA Neosol Consulting
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 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 10 employees, 95% lower than Premier System Integrators, Inc.'s reported 192 employees, and received an average PPP loan of $181,408, 94% lower than this company's loan of $3.25M.
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Footnotes & Information
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