PPP Loan Data — Service Success, Inc, Lenexa, KS
Service Success, Inc
Entity: Subchapter S Corporation
Location: Lenexa, KSTweet This • Search All PPP Data
Service Success, Inc is a subchapter s corporation located at 15203 W, 99th St in Lenexa, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,481,500.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Country Club Bank
Service Success, Inc in Lenexa, KS received a Paycheck Protection Loan of $2.48M through Country Club Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Service Success, Inc's 2019 payroll expenses are estimated to be at least $11.91M.
Based on their reported 177 jobs retained, this equals an estimated average yearly compensation of $67,295 per employee1
Reported PPP Proceed Usage:
On the PPP application, Service Success, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,481,500
Business Information - Service Success, Inc in Lenexa, KS
15203 W, 99th St
Lenexa, KS 66219
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Lenexa
In the Lenexa area, 4 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 51 employees (compared to this company's 177) and received an average PPP loan of $689,025 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Richard Nachbar Plumbing, Inc
American Home Services, LLC
Comfort Specialists LLC
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 10 employees, 94% lower than Service Success, Inc's reported 177 employees, and received an average PPP loan of $123,520, 95% lower than this company's loan of $2.48M.
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Footnotes & Information
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