PPP Loan Data — Tempworks Software, Inc., Eagan, MN
Tempworks Software, Inc. is a corporation located at 3140 Neil Artmstrong Blvd in Eagan, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,689,900.00 in April, 2020.
$ PPP Loan Information
Tempworks Software, Inc. in Eagan, MN received a Paycheck Protection Loan of $2.69M through HIGHLAND BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tempworks Software, Inc.'s total 2019 payroll expenses were approximately $12.91M in order to qualify for the PPP loan amount received.
Based on their reported 171 jobs retained, this equals an estimated average yearly compensation of $75,506 per employee1.
Business Information - Tempworks Software, Inc. in Eagan, MN
3140 Neil Artmstrong Blvd
Eagan, MN 55121
Software Publishers (NAICS code 511210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-02
Similar Companies near Eagan
In the Eagan area, 4 businesses in the "Software Publishers" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 171) and received an average PPP loan of $1,613,259 (compared to this company's $2.69M).
Similar Nearby Businesses Who Received PPP Funding:
Saint Paul, MN
Heaing Instrument Manufacturers Software
Industry PPP Comparison Statistics
Nationwide, 8,232 businesses in the "Software Publishers" industry received a total of $2,105,805,320.00 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 13 employees, 92% lower than Tempworks Software, Inc.'s reported 171 employees, and received an average PPP loan of $255,807, 90% lower than this company's loan of $2.69M.
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Footnotes & Information
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