PPP Loan Data — Alliance HR, LLC, Deerfield, IL
Alliance HR, LLC is a limited liability company (LLC) located at 1751 Lake Cook Road Suite 600 in Deerfield, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,969,500.00 in May, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Alliance HR, LLC received a Paycheck Protection Loan of $2.97M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Alliance HR, LLC's total 2019 payroll expenses were approximately $14.25M in order to qualify for the PPP loan amount received.
Based on their reported 396 jobs retained, this equals an estimated average yearly compensation of $35,994 per employee1.
Business Information - Alliance HR, LLC in Deerfield, IL
1751 Lake Cook Road Suite 600
Deerfield, IL 60015
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-10
Similar Companies near Deerfield
In the Deerfield area, 12 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 86 employees (compared to this company's 396) and received an average PPP loan of $2,300,654 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
Catalyst Partners, Inc.
Progressive Staffing Inc.
Crystal Lake, IL
RUD Management, LLC
Culturefit Technical Staffing Inc
P. D. Life Enterprises, Inc.
Crystal Lake, IL
Hallmark Personnel Inc
Des Plaines, IL
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, 90% lower than Alliance HR, LLC's reported 396 employees, and received an average PPP loan of $363,100, 88% lower than this company's loan of $2.97M.
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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