PPP Loan Data — Workforce Unlimited, LLC, Mount Airy, NC
Workforce Unlimited, LLC is a limited liability company (LLC) located at 1908 Caudle Dr #200 in Mount Airy, North Carolina that received a Coronavirus-related PPP loan from the SBA of $8,289,668.00 in July, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Workforce Unlimited, LLC received a Paycheck Protection Loan of $8.29M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in July, 2020.
Based on standard PPP eligibility rules, Workforce Unlimited, LLC's total 2019 payroll expenses were approximately $39.79M 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 $79,581 per employee1.
Business Information - Workforce Unlimited, LLC in Mount Airy, NC
1908 Caudle Dr #200
Mount Airy, NC 27030
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-05
Similar Companies near Mount Airy
In the Mount Airy area, 2 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 263 employees (compared to this company's 500) and received an average PPP loan of $4,330,437 (compared to this company's $8.29M).
Similar Nearby Businesses Who Received PPP Funding:
Arevo Group Inc
Mount Airy, NC
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 Workforce Unlimited, LLC's reported 500 employees, and received an average PPP loan of $363,100, 96% lower than this company's loan of $8.29M.
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Footnotes & Information
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