PPP Loan Data — Seek Careers/Staffing, Inc., Grafton, WI
Seek Careers/Staffing, Inc. is a corporation located at 1160 Opportunity Dr in Grafton, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $5,000,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Seek Careers/Staffing, Inc. received a Paycheck Protection Loan of $5M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Seek Careers/Staffing, Inc.'s total 2019 payroll expenses were approximately $24M 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 $48,000 per employee1.
Business Information - Seek Careers/Staffing, Inc. in Grafton, WI
1160 Opportunity Dr
Grafton, WI 53024
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WI-06
Similar Companies near Grafton
In the Grafton area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 267 employees (compared to this company's 500) and received an average PPP loan of $2,644,825 (compared to this company's $5M).
Similar Nearby Businesses Who Received PPP Funding:
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, 88% lower than Seek Careers/Staffing, Inc.'s reported 500 employees, and received an average PPP loan of $608,834, 88% lower than this company's loan of $5M.
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