PPP Loan Data — First Centennial Mortgage Corporation, Aurora, IL
First Centennial Mortgage Corporation is a corporation located at 2471 W. Sullivan Rd. in Aurora, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,009,500.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
First Centennial Mortgage Corporation in Aurora, IL received a Paycheck Protection Loan of $4.01M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, First Centennial Mortgage Corporation's total 2019 payroll expenses were approximately $19.25M in order to qualify for the PPP loan amount received.
Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $65,239 per employee1.
Business Information - First Centennial Mortgage Corporation in Aurora, IL
2471 W. Sullivan Rd.
Aurora, IL 60506
Mortgage and Nonmortgage Loan Brokers (NAICS code 522310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-14
Industry PPP Comparison Statistics
Nationwide, 4,330 businesses in the "Mortgage and Nonmortgage Loan Brokers" industry received a total of $593,727,712.00 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 9 employees, 97% lower than First Centennial Mortgage Corporation's reported 295 employees, and received an average PPP loan of $137,120, 97% lower than this company's loan of $4.01M.
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Footnotes & Information
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