PPP Loan Data — Pro Resources, Inc., Fort Wayne, IN
Pro Resources, Inc. is a corporation located at 1728 Spy Run Ave in Fort Wayne, Indiana that received a Coronavirus-related PPP loan from the SBA of $9,614,000.00 in April, 2020.
$ PPP Loan Information
Lender:LAKE CITY BANK
Pro Resources, Inc. in Fort Wayne, IN received a Paycheck Protection Loan of $9.61M through LAKE CITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pro Resources, Inc.'s total 2019 payroll expenses were approximately $46.15M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $92,294 per employee1.
Business Information - Pro Resources, Inc. in Fort Wayne, IN
1728 Spy Run Ave
Fort Wayne, IN 46805
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-03
Similar Companies near Fort Wayne
In the Fort Wayne area, 3 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 192 employees (compared to this company's 500) and received an average PPP loan of $3,332,167 (compared to this company's $9.61M).
Similar Nearby Businesses Who Received PPP Funding:
Career Kaizen LLC
Fort Wayne, IN
Temporary Staffing, Inc.
Fort Wayne, IN
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, 92% lower than Pro Resources, Inc.'s reported 500 employees, and received an average PPP loan of $363,100, 96% lower than this company's loan of $9.61M.
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