PPP Loan Data — Service Management Systems, Inc., Nashville, TN
Service Management Systems, Inc. is a subchapter s corporation located at 7135 Charlotte Pike in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $5,233,700.00 in June, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Service Management Systems, Inc. received a Paycheck Protection Loan of $5.23M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, Service Management Systems, Inc.'s total 2019 payroll expenses were approximately $25.12M 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 $50,244 per employee1.
Business Information - Service Management Systems, Inc. in Nashville, TN
7135 Charlotte Pike
Nashville, TN 37209
Other Services to Buildings and Dwellings (NAICS code 561790)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-05
Similar Companies near Nashville
In the Nashville area, 4 businesses in the "Other Services to Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 132 employees (compared to this company's 500) and received an average PPP loan of $1,365,274 (compared to this company's $5.23M).
Similar Nearby Businesses Who Received PPP Funding:
Adams Swimming Pool, Inc.
West Meade Pools, Inc
Taylor-Malone Cleaning Service LLC
Industry PPP Comparison Statistics
Nationwide, 13,475 businesses in the "Other Services to Buildings and Dwellings" industry received a total of $767,779,431.00 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 7 employees, 99% lower than Service Management Systems, Inc.'s reported 500 employees, and received an average PPP loan of $56,978, 99% lower than this company's loan of $5.23M.
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Footnotes & Information
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