PPP Loan Data — Telesolv Consulting, Inc, Washington, DC
Telesolv Consulting, Inc
Location: Washington, DCTweet This • Search All PPP Data
Telesolv Consulting, Inc is a corporation located at 1325 18th Street Nw in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $2,429,745.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 215 people during the applicable loan loan period.
$ PPP Loan Information
Telesolv Consulting, Inc in Washington, DC received a Paycheck Protection Loan of $2.43M through CONGRESSIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Telesolv Consulting, Inc's total 2019 payroll expenses were approximately $11.66M in order to qualify for the PPP loan amount received.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $54,245 per employee1.
Business Information - Telesolv Consulting, Inc in Washington, DC
1325 18th Street Nw
Washington, DC 20036
Administrative Management and General Management Consulting Services (NAICS code 541611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: VETERANCongressional District: DC-
Similar Companies near Washington
In the Washington area, 41 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 215) and received an average PPP loan of $426,265 (compared to this company's $2.43M).
Similar Nearby Businesses Who Received PPP Funding:
Corner Alliance Incorporated
Andean Consulting Solutions International, LLC
Michael P Sullivan LLC
Association Management Strategies, Inc
US Indonesia Society
CHP Mintz LLC
Industry PPP Comparison Statistics
Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than Telesolv Consulting, Inc's reported 215 employees, and received an average PPP loan of $86,242, 96% lower than this company's loan of $2.43M.
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Footnotes & Information
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