Call One Inc. in Chicago, IL - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Call One Inc., Chicago, IL

Call One Inc.

Entity: Subchapter S Corporation

Industry: Wired Telecommunications Carriers

Location: Chicago, IL

Call One Inc. is a subchapter s corporation located at 225 W Wacker 8th Floor in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,435,000.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 127 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.44M

Jobs Retained:

127

Loan Approved:

2020-04-04

Lender:

THE HUNTINGTON NATIONAL BANK

Call One Inc. in Chicago, IL received a Paycheck Protection Loan of $2.44M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Call One Inc.'s total 2019 payroll expenses were approximately $11.69M in order to qualify for the PPP loan amount received.

Based on their reported 127 jobs retained, this equals an estimated average yearly compensation of $92,031 per employee¹.

Because the loan received by Call One Inc. 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 - Call One Inc. in Chicago, IL

Call One Inc.
225 W Wacker 8th Floor
Chicago, IL 60606

Business Industry

Wired Telecommunications Carriers (NAICS code 517311)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: IL-07

Industry PPP Comparison Statistics

Nationwide, 1,053 businesses in the "Wired Telecommunications Carriers" industry received a total of $312,345,268.00 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 19 employees, 85% lower than Call One Inc.'s reported 127 employees, and received an average PPP loan of $296,624, 88% lower than this company's loan of $2.44M.

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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