PPP Loan Data — Hercules Forwarding Inc, Hickory Hills, IL
Hercules Forwarding Inc
Entity: Subchapter S Corporation
Location: Hickory Hills, ILTweet This • Search All PPP Data
Hercules Forwarding Inc is a subchapter s corporation located at 7701 W 95th Street in Hickory Hills, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,125,400.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:UMB BANK, NATIONAL ASSOCIATION
Hercules Forwarding Inc in Hickory Hills, IL received a Paycheck Protection Loan of $4.13M through UMB BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hercules Forwarding Inc's total 2019 payroll expenses were approximately $19.8M in order to qualify for the PPP loan amount received.
Unlike most businesses, Hercules Forwarding Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Hercules Forwarding Inc in Hickory Hills, IL
7701 W 95th Street
Hickory Hills, IL 60457
General Freight Trucking, Long-Distance, Less Than Truckload (NAICS code 484122)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-03
Similar Companies near Hickory Hills
In the Hickory Hills area, 5 businesses in the "General Freight Trucking, Long-Distance, Less Than Truckload" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $834,493 (compared to this company's $4.13M).
Similar Nearby Businesses Who Received PPP Funding:
67 Trucking Inc
Hickory Hills, IL
Diamond Arrow Corp
New Way Transportation, Inc.
Hickory Hills, IL
Kenedy Transportation Inc
Industry PPP Comparison Statistics
Nationwide, 3,886 businesses in the "General Freight Trucking, Long-Distance, Less Than Truckload" industry received a total of $330,228,634.00 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 6 employees, and received an average PPP loan of $84,979, 98% lower than this company's loan of $4.13M.
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Footnotes & Information
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