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PPP Loan Data — Trusted Nurse Staffing, LLC,
Buffalo, NY
Trusted Nurse Staffing, LLC
Entity: Limited Liability Company (LLC)
Industry: Temporary Help Services
Location: Buffalo, NY
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Trusted Nurse Staffing, LLC is a limited liability company (LLC) located at 500 Seneca St in Buffalo, New York that received a Coronavirus-related PPP loan from the SBA of $3,034,799.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-11Lender:
KEYBANK NATIONAL ASSOCIATIONTrusted Nurse Staffing, LLC received a Paycheck Protection Loan of $3.03M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Trusted Nurse Staffing, LLC's total 2019 payroll expenses were approximately $14.57M 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 $29,134 per employee1.
Business Information - Trusted Nurse Staffing, LLC in Buffalo, NY
500 Seneca St
Buffalo, NY 14204
Business Industry
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-26Similar Companies near Buffalo
In the Buffalo area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 250 employees (compared to this company's 500) and received an average PPP loan of $1,644,000 (compared to this company's $3.03M).
Similar Nearby Businesses Who Received PPP Funding:
Care Team Solutions LLC
Buffalo, NY
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, 88% lower than Trusted Nurse Staffing, LLC's reported 500 employees, and received an average PPP loan of $608,834, 80% lower than this company's loan of $3.03M.
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, 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.
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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