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PPP Loan Data — The Global Edge Consultants, LLC,
Spring, TX
The Global Edge Consultants, LLC
Entity: Limited Liability Company (LLC)
Industry: Human Resources Consulting Services
Location: Spring, TX
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The Global Edge Consultants, LLC is a limited liability company (LLC) located at 2829 Technology Forest Blvd in Spring, Texas that received a Coronavirus-related PPP loan from the SBA of $5,027,222.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
261Loan Approved:
2020-04-08Lender:
BBVA USAThe Global Edge Consultants, LLC in Spring, TX received a Paycheck Protection Loan of $5.03M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Global Edge Consultants, LLC's total 2019 payroll expenses were approximately $24.13M in order to qualify for the PPP loan amount received.
Based on their reported 261 jobs retained, this equals an estimated average yearly compensation of $92,455 per employee1.
Business Information - The Global Edge Consultants, LLC in Spring, TX
2829 Technology Forest Blvd
Spring, TX 77381
Business Industry
Human Resources Consulting Services (NAICS code 541612)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-08Similar Companies near Spring
In the Spring area, 4 businesses in the "Human Resources Consulting Services" industry received a PPP loan. These local businesses reported an average of 178 employees (compared to this company's 261) and received an average PPP loan of $2,748,714 (compared to this company's $5.03M).
Similar Nearby Businesses Who Received PPP Funding:
Meadows Resources LLC
Spring, TX
Talentnet Inc.
Spring, TX
Alliance Search Management, Inc
Spring, TX
Industry PPP Comparison Statistics
Nationwide, 4,762 businesses in the "Human Resources Consulting Services" industry received a total of $618,531,209.00 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 11 employees, 96% lower than The Global Edge Consultants, LLC's reported 261 employees, and received an average PPP loan of $129,889, 97% lower than this company's loan of $5.03M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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