PPP Loan Data — Elite Labor Services LTD, Chicago, IL
Elite Labor Services LTD is a corporation located at 1400 West Hubbard Street, Ste 200 in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,499,700.00 in April, 2020.
$ PPP Loan Information
Elite Labor Services LTD received a Paycheck Protection Loan of $3.5M through BYLINE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Elite Labor Services LTD's total 2019 payroll expenses were approximately $16.8M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $53,670 per employee1.
Business Information - Elite Labor Services LTD in Chicago, IL
1400 West Hubbard Street, Ste 200
Chicago, IL 60642
Executive Search Services (NAICS code 561312)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-05
Similar Companies near Chicago
In the Chicago area, 3 businesses in the "Executive Search Services" industry received a PPP loan. These local businesses reported an average of 105 employees (compared to this company's 313) and received an average PPP loan of $1,177,845 (compared to this company's $3.5M).
Similar Nearby Businesses Who Received PPP Funding:
Slick Career LLC
Industry PPP Comparison Statistics
Nationwide, 4,499 businesses in the "Executive Search Services" industry received a total of $602,770,500.00 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 12 employees, 96% lower than Elite Labor Services LTD's reported 313 employees, and received an average PPP loan of $133,979, 96% lower than this company's loan of $3.5M.
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Footnotes & Information
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