PPP Loan Data — I3 Group, Inc., Lincolnshire, IL
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
Lender:CIBC BANK USA
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.
Business Information - I3 Group, Inc. in Lincolnshire, IL
550 Bond St
Lincolnshire, IL 60069
Furniture Merchant Wholesalers (NAICS code 423210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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.
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Footnotes & Information
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