PPP Loan Data — Staff Pro LLC, Gulfport, MS
Staff Pro LLC is a limited liability company (LLC) located at 238 Courthouse Rd in Gulfport, Mississippi that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:HANCOCK WHITNEY BANK
Staff Pro LLC received a Paycheck Protection Loan of $10M through HANCOCK WHITNEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Staff Pro LLC'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 - Staff Pro LLC in Gulfport, MS
238 Courthouse Rd
Gulfport, MS 39507
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MS-04
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, 92% lower than Staff Pro LLC's reported 500 employees, and received an average PPP loan of $363,100, 96% lower than this company's loan of $10M.
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Footnotes & Information
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