PPP Loan Data — Selecsource, Inc., Atlanta, GA
Selecsource, Inc. is a subchapter s corporation located at 6111 Peachtree Dunwoody Road F-203 in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,586,700.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Selecsource, Inc. in Atlanta, GA received a Paycheck Protection Loan of $4.59M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Selecsource, Inc.'s total 2019 payroll expenses were approximately $22.02M in order to qualify for the PPP loan amount received.
Based on their reported 468 jobs retained, this equals an estimated average yearly compensation of $47,043 per employee1.
Business Information - Selecsource, Inc. in Atlanta, GA
6111 Peachtree Dunwoody Road F-203
Atlanta, GA 30328
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-06
Similar Companies near Atlanta
In the Atlanta area, 4 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 159 employees (compared to this company's 468) and received an average PPP loan of $1,383,251 (compared to this company's $4.59M).
Similar Nearby Businesses Who Received PPP Funding:
Quest Group Search LLC
Fashion Guru Agency LLC
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, 87% lower than Selecsource, Inc.'s reported 468 employees, and received an average PPP loan of $608,834, 87% lower than this company's loan of $4.59M.
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Footnotes & Information
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