PPP Loan Data — Talentburst, Inc., Natick, MA
Talentburst, Inc. is a corporation located at 679 Worcester Road in Natick, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $6,756,700.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least 490 people during the applicable loan loan period.
$ PPP Loan Information
Talentburst, Inc. received a Paycheck Protection Loan of $6.76M through DIGITAL FCU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Talentburst, Inc.'s total 2019 payroll expenses were approximately $32.43M in order to qualify for the PPP loan amount received.
Based on their reported 490 jobs retained, this equals an estimated average yearly compensation of $66,188 per employee1.
Business Information - Talentburst, Inc. in Natick, MA
679 Worcester Road
Natick, MA 1760
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MA-05
Similar Companies near Natick
In the Natick area, 4 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 292 employees (compared to this company's 490) and received an average PPP loan of $2,499,950 (compared to this company's $6.76M).
Similar Nearby Businesses Who Received PPP Funding:
Payroll Risk Management, Inc.
Payroll Risk Management Uw, Inc.
Talentburst Payroll, Inc.
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 Talentburst, Inc.'s reported 490 employees, and received an average PPP loan of $608,834, 91% lower than this company's loan of $6.76M.
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Footnotes & Information
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