PPP Loan Data — The Footbridge Companies, LLC, Andover, MA
The Footbridge Companies, LLC is a limited liability company (LLC) located at 200 Brickstone Sq, Suite 405 in Andover, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,977,900.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:ENTERPRISE BANK AND TRUST COMPANY
The Footbridge Companies, LLC received a Paycheck Protection Loan of $2.98M through ENTERPRISE BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Footbridge Companies, LLC's total 2019 payroll expenses were approximately $14.29M in order to qualify for the PPP loan amount received.
Unlike most businesses, The Footbridge Companies, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - The Footbridge Companies, LLC in Andover, MA
200 Brickstone Sq, Suite 405
Andover, MA 1810
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-03
Similar Companies near Andover
In the Andover area, 4 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $2,632,755 (compared to this company's $2.98M).
Similar Nearby Businesses Who Received PPP Funding:
The Staffing Group Holding Company
Headfirst Legal, LLC
Advanced Placement Sports, Inc.
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, and received an average PPP loan of $363,100, 88% lower than this company's loan of $2.98M.
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Footnotes & Information
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