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

PPP Loan Data — Prime Employment Services Group LLC, Boise, ID

SBA PPP loan data, payroll data, and salaries for Prime Employment Services Group LLC
ID

Prime Employment Services Group LLC

Entity: Limited Liability Company (LLC)

Industry: Payroll Services

Location: Boise, ID

Search All PPP Data

Prime Employment Services Group LLC is a limited liability company (LLC) located at 8151 W Riflemen Street in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $4,173,850.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.17M

Jobs Retained:

278

Loan Approved:

2020-04-10

Lender:

FIRST INTERSTATE BANK

Prime Employment Services Group LLC in Boise, ID received a Paycheck Protection Loan of $4.17M through FIRST INTERSTATE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Prime Employment Services Group LLC's total 2019 payroll expenses were approximately $20.03M in order to qualify for the PPP loan amount received.

Based on their reported 278 jobs retained, this equals an estimated average yearly compensation of $72,066 per employee1.

Because the loan received by Prime Employment Services Group LLC 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 - Prime Employment Services Group LLC in Boise, ID

Prime Employment Services Group LLC
8151 W Riflemen Street
Boise, ID 83704

Business Industry

Payroll Services (NAICS code 541214)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: ID-02

Similar Companies near Boise

In the Boise area, 2 businesses in the "Payroll Services" industry received a PPP loan. These local businesses reported an average of 140 employees (compared to this company's 278) and received an average PPP loan of $2,090,725 (compared to this company's $4.17M).

Similar Nearby Businesses Who Received PPP Funding:

Essential Accounting, LLC
Boise, ID

$7,600 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,351 businesses in the "Payroll Services" industry received a total of $440,646,100.00 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 17 employees, 94% lower than Prime Employment Services Group LLC's reported 278 employees, and received an average PPP loan of $187,429, 96% lower than this company's loan of $4.17M.

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/prime-employment-services-group-llc-boise-id