PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Arlington Specialties, Inc., Elk Grove Village, IL

SBA PPP loan data, payroll data, and salaries for Arlington Specialties, Inc.
IL

Arlington Specialties, Inc.

Entity: Subchapter S Corporation

Industry: Electronic Shopping and Mail-Order Houses

Location: Elk Grove Village, IL

Search All PPP Data

Arlington Specialties, Inc. is a subchapter s corporation located at 1515 Carmen Dr in Elk Grove Village, Illinois that received a Coronavirus-related PPP loan from the SBA of $247,837.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least fourteen people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$247,837

Jobs Retained:

14

Loan Approved:

2020-04-14

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Arlington Specialties, Inc. received a Paycheck Protection Loan of $247,837 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Arlington Specialties, Inc.'s total 2019 payroll expenses were approximately $1.19M in order to qualify for the PPP loan amount received.

Based on their reported 14 jobs retained, this equals an estimated average yearly compensation of $84,973 per employee1.

Business Information - Arlington Specialties, Inc. in Elk Grove Village, IL

Arlington Specialties, Inc.
1515 Carmen Dr
Elk Grove Village, IL 60007

Business Industry

Electronic Shopping and Mail-Order Houses (NAICS code 454110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: VETERAN

Congressional District: IL-08

Similar Companies near Elk Grove Village

In the Elk Grove Village area, 6 businesses in the "Electronic Shopping and Mail-Order Houses" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 14) and received an average PPP loan of $929,678 (compared to this company's $247,837).

Industry PPP Comparison Statistics

Nationwide, 7,082 businesses in the "Electronic Shopping and Mail-Order Houses" industry received a total of $544,486,530.00 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 7 employees, 50% lower than Arlington Specialties, Inc.'s reported 14 employees, and received an average PPP loan of $76,883, 69% lower than this company's loan of $247,837.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/arlington-specialties-inc-elk-grove-village-il