PPP Loan Data — Service Systems Associates, Inc., Denver, CO
Service Systems Associates, Inc. is a subchapter s corporation located at 4624 Central Park Blvd in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:FARMERS & STOCKMENS BANK
Service Systems Associates, Inc. received a Paycheck Protection Loan of $10M through FARMERS & STOCKMENS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Service Systems Associates, Inc.'s total 2019 payroll expenses were approximately $48M 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 $96,000 per employee1.
Business Information - Service Systems Associates, Inc. in Denver, CO
4624 Central Park Blvd
Denver, CO 80238
Food Service Contractors (NAICS code 722310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Similar Companies near Denver
In the Denver area, 2 businesses in the "Food Service Contractors" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 500) and received an average PPP loan of $5,022,500 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
GBP Ventures LLC
Industry PPP Comparison Statistics
Nationwide, 8,947 businesses in the "Food Service Contractors" industry received a total of $969,115,041.00 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 15 employees, 97% lower than Service Systems Associates, Inc.'s reported 500 employees, and received an average PPP loan of $108,317, 99% lower than this company's loan of $10M.
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Footnotes & Information
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