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PPP Loan Data — The Premier Group Staffing, LLC, Denver, CO

SBA PPP loan data, payroll data, and salaries for The Premier Group Staffing, LLC
CO

The Premier Group Staffing, LLC

Entity: Limited Liability Company (LLC)

Industry: Temporary Help Services

Location: Denver, CO

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The Premier Group Staffing, LLC is a limited liability company (LLC) located at 600 S Broadway in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $5,395,595.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.4M

Jobs Retained:

450

Loan Approved:

2020-04-10

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

The Premier Group Staffing, LLC received a Paycheck Protection Loan of $5.4M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, The Premier Group Staffing, LLC's total 2019 payroll expenses were approximately $25.9M in order to qualify for the PPP loan amount received.

Based on their reported 450 jobs retained, this equals an estimated average yearly compensation of $57,553 per employee1.

Because the loan received by The Premier Group Staffing, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - The Premier Group Staffing, LLC in Denver, CO

The Premier Group Staffing, LLC
600 S Broadway
Denver, CO 80209

Business Industry

Temporary Help Services (NAICS code 561320)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional District: CO-01

Similar Companies near Denver

In the Denver area, 3 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 182 employees (compared to this company's 450) and received an average PPP loan of $2,306,393 (compared to this company's $5.4M).

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, 86% lower than The Premier Group Staffing, LLC's reported 450 employees, and received an average PPP loan of $608,834, 89% lower than this company's loan of $5.4M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/the-premier-group-staffing-llc-denver-co