PPP Loan Data — Synergy HR LLC, Crown Point, IN
Synergy HR LLC is a limited liability company (LLC) located at 10996 Four Seasons Pl Suite 100a in Crown Point, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,595,085.00 in April, 2020.
The company has reported itself as an Asian owned business, and employed at least 375 people during the applicable loan loan period.
$ PPP Loan Information
Lender:HARVEST SMALL BUSINESS FINANCE, LLC
Synergy HR LLC received a Paycheck Protection Loan of $2.6M through HARVEST SMALL BUSINESS FINANCE, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, Synergy HR LLC's total 2019 payroll expenses were approximately $12.46M in order to qualify for the PPP loan amount received.
Based on their reported 375 jobs retained, this equals an estimated average yearly compensation of $33,217 per employee1.
Business Information - Synergy HR LLC in Crown Point, IN
10996 Four Seasons Pl Suite 100a
Crown Point, IN 46307
Office Administrative Services (NAICS code 561110)
Business Owner Demographics
Race / Ethnicity: ASIAN
Veteran Status: UnreportedCongressional District: IN-01
Industry PPP Comparison Statistics
Nationwide, 18,417 businesses in the "Office Administrative Services" industry received a total of $1,762,719,177.00 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 9 employees, 98% lower than Synergy HR LLC's reported 375 employees, and received an average PPP loan of $95,712, 96% lower than this company's loan of $2.6M.
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Footnotes & Information
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