PPP Loan Data — Total Administrative Services Corporation, Madison, WI
Total Administrative Services Corporation
Location: Madison, WITweet This • Search All PPP Data
Total Administrative Services Corporation is a corporation located at 2302 International Ln in Madison, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in May, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Total Administrative Services Corporation received a Paycheck Protection Loan of $10M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Total Administrative Services Corporation's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Total Administrative Services Corporation in Madison, WI
2302 International Ln
Madison, WI 53704
Third Party Administration of Insurance and Pension Funds (NAICS code 524292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-02
Industry PPP Comparison Statistics
Nationwide, 871 businesses in the "Third Party Administration of Insurance and Pension Funds" industry received a total of $249,450,055.00 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 19 employees, 96% lower than Total Administrative Services Corporation's reported 500 employees, and received an average PPP loan of $286,395, 97% lower than this company's loan of $10M.
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