PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — I3 Group, Inc., Lincolnshire, IL

SBA PPP loan data, payroll data, and salaries for I3 Group, Inc.

I3 Group, Inc.

Entity: Subchapter S Corporation

Industry: Furniture Merchant Wholesalers

Location: Lincolnshire, IL

Search All PPP Data

I3 Group, Inc. is a subchapter s corporation located at 550 Bond St in Lincolnshire, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,243,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




I3 Group, Inc. received a Paycheck Protection Loan of $3.24M through CIBC BANK USA, which was approved in April, 2020.

Based on standard PPP eligibility rules, I3 Group, Inc.'s total 2019 payroll expenses were approximately $15.57M in order to qualify for the PPP loan amount received.

Based on their reported 188 jobs retained, this equals an estimated average yearly compensation of $82,805 per employee1.

Because the loan received by I3 Group, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - I3 Group, Inc. in Lincolnshire, IL

I3 Group, Inc.
550 Bond St
Lincolnshire, IL 60069

Business Industry

Furniture Merchant Wholesalers (NAICS code 423210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-10

Industry PPP Comparison Statistics

Nationwide, 2,847 businesses in the "Furniture Merchant Wholesalers" industry received a total of $449,386,306.00 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, 94% lower than I3 Group, Inc.'s reported 188 employees, and received an average PPP loan of $157,846, 95% lower than this company's loan of $3.24M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **