PPP Loan Data — American Marketing & Publishing, LLC, Dekalb, IL
American Marketing & Publishing, LLC is a limited liability company (LLC) located at 915 E. Lincoln Hwy in Dekalb, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,745,233.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
American Marketing & Publishing, LLC received a Paycheck Protection Loan of $2.75M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, American Marketing & Publishing, LLC's total 2019 payroll expenses were approximately $13.18M in order to qualify for the PPP loan amount received.
Based on their reported 268 jobs retained, this equals an estimated average yearly compensation of $49,168 per employee1.
Business Information - American Marketing & Publishing, LLC in Dekalb, IL
915 E. Lincoln Hwy
Dekalb, IL 60115
Marketing Consulting Services (NAICS code 541613)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-16
Similar Companies near Dekalb
In the Dekalb area, 2 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 135 employees (compared to this company's 268) and received an average PPP loan of $1,375,235 (compared to this company's $2.75M).
Similar Nearby Businesses Who Received PPP Funding:
Power Zone Solutions
Industry PPP Comparison Statistics
Nationwide, 30,514 businesses in the "Marketing Consulting Services" industry received a total of $1,952,010,997.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than American Marketing & Publishing, LLC's reported 268 employees, and received an average PPP loan of $63,971, 98% lower than this company's loan of $2.75M.
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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