PPP Loan Data — Win Temp LLC, New York, NY
Win Temp LLC is a limited liability company (LLC) located at 122 East 42nd Street in New York, New York that received a Coronavirus-related PPP loan from the SBA of $1,859,100.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Capital One, National Association
Win Temp LLC in New York, NY received a Paycheck Protection Loan of $1.86M through Capital One, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Win Temp LLC's 2019 payroll expenses are estimated to be at least $8.92M.
Based on their reported 162 jobs retained, this equals an estimated average yearly compensation of $55,084 per employee1
Reported PPP Proceed Usage:
On the PPP application, Win Temp LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,859,100
Business Information - Win Temp LLC in New York, NY
122 East 42nd Street
New York, NY 10168
Temporary Help Services
NAICS code 561320
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near New York
In the New York area, 4 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 134 employees (compared to this company's 162) and received an average PPP loan of $2,464,113 (compared to this company's $1.86M).
Similar Nearby Businesses Who Received PPP Funding:
The C & L Group, LLC
New York, NY
Veterans Sourcing Group LLC
New York, NY
Winston Resources LLC
New York, NY
Industry PPP Comparison Statistics
Nationwide, 8,994 businesses in the "Temporary Help Services" industry received a total of $3.65B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 51 employees, 69% lower than Win Temp LLC's reported 162 employees, and received an average PPP loan of $405,841, 78% lower than this company's loan of $1.86M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!