PPP Loan Data — Two Hawk Employment Serv., Lumberton, NC
Two Hawk Employment Serv. is a corporation located at 118 W 5th St in Lumberton, North Carolina that received a Coronavirus-related PPP loan from the SBA of $4,329,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Two Hawk Employment Serv. received a Paycheck Protection Loan of $4.33M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Two Hawk Employment Serv.'s total 2019 payroll expenses were approximately $20.78M 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 $41,560 per employee1.
Business Information - Two Hawk Employment Serv. in Lumberton, NC
118 W 5th St
Lumberton, NC 28358
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NC-09
Similar Companies near Lumberton
In the Lumberton area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 262 employees (compared to this company's 500) and received an average PPP loan of $2,240,950 (compared to this company's $4.33M).
Similar Nearby Businesses Who Received PPP Funding:
The Staffing Alliance, LLC
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 Two Hawk Employment Serv.'s reported 500 employees, and received an average PPP loan of $608,834, 86% lower than this company's loan of $4.33M.
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Footnotes & Information
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