PPP Loan Data — Five Star Audiovisual Inc, Naperville, IL
Five Star Audiovisual Inc
Entity: Subchapter S Corporation
Location: Naperville, ILTweet This • Search All PPP Data
Five Star Audiovisual Inc is a subchapter s corporation located at 127 Ambassador Dr in Naperville, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,906,800.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Five Star Audiovisual Inc in Naperville, IL received a Paycheck Protection Loan of $2.91M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Five Star Audiovisual Inc's total 2019 payroll expenses were approximately $13.95M in order to qualify for the PPP loan amount received.
Based on their reported 294 jobs retained, this equals an estimated average yearly compensation of $47,458 per employee1.
Business Information - Five Star Audiovisual Inc in Naperville, IL
127 Ambassador Dr
Naperville, IL 60540
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-11
Similar Companies near Naperville
In the Naperville area, 14 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 294) and received an average PPP loan of $224,740 (compared to this company's $2.91M).
Similar Nearby Businesses Who Received PPP Funding:
Countrywide Outsourcing Inc
Rainmaker Erp Services LLC
ABF Strategy Group LLC
Sales Prospecting Group
EJM Consulting, Inc.
International Marketing Concepts Inc
Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than Five Star Audiovisual Inc's reported 294 employees, and received an average PPP loan of $74,488, 97% lower than this company's loan of $2.91M.
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