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PPP Loan Data — Tri-Starr Personnel LLC, San Antonio, TX

SBA PPP loan data, payroll data, and salaries for Tri-Starr Personnel LLC
TX

Tri-Starr Personnel LLC

Entity: Limited Liability Company (LLC)

Industry: Employment Placement Agencies

Location: San Antonio, TX

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Tri-Starr Personnel LLC is a limited liability company (LLC) located at 121 Interpark Blvd in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $2,920,500.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 499 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.92M

Jobs Retained:

499

Loan Approved:

2020-04-06

Lender:

CADENCE BANK, NATIONAL ASSOCIATION

Tri-Starr Personnel LLC in San Antonio, TX received a Paycheck Protection Loan of $2.92M through CADENCE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Tri-Starr Personnel LLC's total 2019 payroll expenses were approximately $14.02M in order to qualify for the PPP loan amount received.

Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $28,093 per employee1.

Because the loan received by Tri-Starr Personnel 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 - Tri-Starr Personnel LLC in San Antonio, TX

Tri-Starr Personnel LLC
121 Interpark Blvd
San Antonio, TX 78216

Business Industry

Employment Placement Agencies (NAICS code 561311)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: NON-VETERAN

Congressional District: TX-21

Similar Companies near San Antonio

In the San Antonio area, 13 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 90 employees (compared to this company's 499) and received an average PPP loan of $628,919 (compared to this company's $2.92M).

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, 92% lower than Tri-Starr Personnel LLC's reported 499 employees, and received an average PPP loan of $363,100, 88% lower than this company's loan of $2.92M.

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.

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/tri-starr-personnel-llc-san-antonio-tx