PPP Loan Data — Courier One Express Inc, Schaumburg, IL
Courier One Express Inc is a subchapter s corporation located at 300 N Martingale Rd Ste 200 in Schaumburg, Illinois that received a Coronavirus-related PPP loan from the SBA of $5,071,100.00 in April, 2020.
$ PPP Loan Information
Lender:LIBERTYVILLE BANK & TRUST COMPANY, NATIONAL ASSOCIATION
Courier One Express Inc received a Paycheck Protection Loan of $5.07M through LIBERTYVILLE BANK & TRUST COMPANY, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Courier One Express Inc's total 2019 payroll expenses were approximately $24.34M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $48,683 per employee1.
Business Information - Courier One Express Inc in Schaumburg, IL
300 N Martingale Rd Ste 200
Schaumburg, IL 60173
Couriers and Express Delivery Services (NAICS code 492110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-08
Industry PPP Comparison Statistics
Nationwide, 5,089 businesses in the "Couriers and Express Delivery Services" industry received a total of $466,737,431.00 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 11 employees, 98% lower than Courier One Express Inc's reported 500 employees, and received an average PPP loan of $91,715, 98% lower than this company's loan of $5.07M.
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Footnotes & Information
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