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PPP Loan Data — All Truck Transportation Co., Somonauk, IL

SBA PPP loan data, payroll data, and salaries for All Truck Transportation Co.
IL

All Truck Transportation Co.

Entity: Subchapter S Corporation

Industry: Freight Transportation Arrangement

Location: Somonauk, IL

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All Truck Transportation Co. is a subchapter s corporation located at 1601 W 55th Street in Somonauk, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,528,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.53M

Jobs Retained:

289

Loan Approved:

2020-04-07

Lender:

WINTRUST BANK, NATIONAL ASSOCIATION

All Truck Transportation Co. in Somonauk, IL received a Paycheck Protection Loan of $4.53M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, All Truck Transportation Co.'s total 2019 payroll expenses were approximately $21.74M in order to qualify for the PPP loan amount received.

Based on their reported 289 jobs retained, this equals an estimated average yearly compensation of $75,216 per employee1.

Because the loan received by All Truck Transportation Co. 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 - All Truck Transportation Co. in Somonauk, IL

All Truck Transportation Co.
1601 W 55th Street
Somonauk, IL 60552

Business Industry

Freight Transportation Arrangement (NAICS code 488510)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-16

Industry PPP Comparison Statistics

Nationwide, 10,632 businesses in the "Freight Transportation Arrangement" industry received a total of $1,273,457,640.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 97% lower than All Truck Transportation Co.'s reported 289 employees, and received an average PPP loan of $119,776, 97% lower than this company's loan of $4.53M.

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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Source: www.federalpay.org/paycheck-protection-program/all-truck-transportation-co-somonauk-il