PPP Loan Data — Selectek Inc, Kennesaw, GA
Selectek Inc is a subchapter s corporation located at 2015 Vaughn Rd Nw,ste 130 in Kennesaw, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,461,400.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Selectek Inc received a Paycheck Protection Loan of $2.46M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Selectek Inc's total 2019 payroll expenses were approximately $11.81M in order to qualify for the PPP loan amount received.
Unlike most businesses, Selectek Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Selectek Inc in Kennesaw, GA
2015 Vaughn Rd Nw,ste 130
Kennesaw, GA 30144
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
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, and received an average PPP loan of $363,100, 85% lower than this company's loan of $2.46M.
FederalPay's PPP Information Policy
Footnotes & Information
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