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PPP Loan Data — Protocall Services, Inc., Portland, OR

SBA PPP loan data, payroll data, and salaries for Protocall Services, Inc.
OR

Protocall Services, Inc.

Entity: Subchapter S Corporation

Industry: Telephone Answering Services

Location: Portland, OR

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Protocall Services, Inc. is a subchapter s corporation located at 621 Sw Alder, Suite 400, in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,493,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.49M

Jobs Retained:

236

Loan Approved:

2020-04-08

Lender:

ZIONS BANK, A DIVISION OF

Protocall Services, Inc. received a Paycheck Protection Loan of $2.49M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, Protocall Services, Inc.'s total 2019 payroll expenses were approximately $11.97M in order to qualify for the PPP loan amount received.

Based on their reported 236 jobs retained, this equals an estimated average yearly compensation of $50,715 per employee1.

Because the loan received by Protocall Services, Inc. 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 - Protocall Services, Inc. in Portland, OR

Protocall Services, Inc.
621 Sw Alder, Suite 400,
Portland, OR 97205

Business Industry

Telephone Answering Services (NAICS code 561421)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OR-03

Industry PPP Comparison Statistics

Nationwide, 795 businesses in the "Telephone Answering Services" industry received a total of $112,874,589.00 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 18 employees, 92% lower than Protocall Services, Inc.'s reported 236 employees, and received an average PPP loan of $141,981, 94% lower than this company's loan of $2.49M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/protocall-services-inc-portland-or