PPP Loan Data — Skillforce, Inc., Middle River, MD
Skillforce, Inc. is a subchapter s corporation located at 405 Williams Court in Middle River, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,859,900.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 270 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Skillforce, Inc. in Middle River, MD received a Paycheck Protection Loan of $2.86M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Skillforce, Inc.'s total 2019 payroll expenses were approximately $13.73M in order to qualify for the PPP loan amount received.
Based on their reported 270 jobs retained, this equals an estimated average yearly compensation of $50,843 per employee1.
Business Information - Skillforce, Inc. in Middle River, MD
405 Williams Court
Middle River, MD 21220
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MD-02
Similar Companies near Middle River
In the Middle River area, 2 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 135 employees (compared to this company's 270) and received an average PPP loan of $3,205,608 (compared to this company's $2.86M).
Similar Nearby Businesses Who Received PPP Funding:
SND Services Inc
Middle River, MD
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, 86% lower than Skillforce, Inc.'s reported 270 employees, and received an average PPP loan of $363,100, 87% lower than this company's loan of $2.86M.
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Footnotes & Information
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