PPP Loan Data — Specialized Staffing Solutions LLC, South Bend, IN
Specialized Staffing Solutions LLC is a limited liability company (LLC) located at 1001 E Jefferson Blvd. in South Bend, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,000,000.00 in May, 2020.
The company has reported itself as a female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:1ST SOURCE BANK
Specialized Staffing Solutions LLC in South Bend, IN received a Paycheck Protection Loan of $4M through 1ST SOURCE BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Specialized Staffing Solutions LLC's total 2019 payroll expenses were approximately $19.2M 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 $38,400 per employee1.
Business Information - Specialized Staffing Solutions LLC in South Bend, IN
1001 E Jefferson Blvd.
South Bend, IN 46617
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: IN-02
Industry PPP Comparison Statistics
Nationwide, 4,404 businesses in the "Temporary Help Services" industry received a total of $2,681,304,257.00 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 61 employees, 88% lower than Specialized Staffing Solutions LLC's reported 500 employees, and received an average PPP loan of $608,834, 85% lower than this company's loan of $4M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!