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PPP Loan Data — C&K Holdings Acquisition, LLC,
Chicago Ridge, IL
C&K Holdings Acquisition, LLC
Entity: Limited Liability Company (LLC)
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Chicago Ridge, IL
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C&K Holdings Acquisition, LLC is a limited liability company (LLC) located at 6205 W 101st St in Chicago Ridge, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,011,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
298Loan Approved:
2020-04-06Lender:
WINTRUST BANK, NATIONAL ASSOCIATIONC&K Holdings Acquisition, LLC received a Paycheck Protection Loan of $4.01M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, C&K Holdings Acquisition, LLC's total 2019 payroll expenses were approximately $19.25M in order to qualify for the PPP loan amount received.
Based on their reported 298 jobs retained, this equals an estimated average yearly compensation of $64,610 per employee1.
Business Information - C&K Holdings Acquisition, LLC in Chicago Ridge, IL
6205 W 101st St
Chicago Ridge, IL 60415
Business Industry
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IL-03Similar Companies near Chicago Ridge
In the Chicago Ridge area, 9 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 298) and received an average PPP loan of $526,274 (compared to this company's $4.01M).
Similar Nearby Businesses Who Received PPP Funding:
Akram Express Inc
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Harold Tabor
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Karima N N Eid
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Cardinal Transport Inc
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Tariq Zaid
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Shield Transportation Inc
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Mohd Masoud
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Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 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 6 employees, 98% lower than C&K Holdings Acquisition, LLC's reported 298 employees, and received an average PPP loan of $80,292, 98% lower than this company's loan of $4.01M.
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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