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PPP Loan Data — Impact Networking Indiana LLC,
Mettawa, IL
Impact Networking Indiana LLC
Entity: Limited Liability Company (LLC)
Industry: Office Machinery and Equipment Rental and Leasing
Location: Mettawa, IL
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Impact Networking Indiana LLC is a limited liability company (LLC) located at 13875 Boulton Blvd in Mettawa, Illinois that received a Coronavirus-related PPP loan from the SBA of $986,300.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 52 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
52Loan Approved:
2020-04-06Lender:
SIGNATURE BANKImpact Networking Indiana LLC received a Paycheck Protection Loan of $986,300 through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Impact Networking Indiana LLC's total 2019 payroll expenses were approximately $4.73M in order to qualify for the PPP loan amount received.
Based on their reported 52 jobs retained, this equals an estimated average yearly compensation of $91,043 per employee1.
Business Information - Impact Networking Indiana LLC in Mettawa, IL
13875 Boulton Blvd
Mettawa, IL 60045
Business Industry
Office Machinery and Equipment Rental and Leasing (NAICS code 532420)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: IL-10Similar Companies near Mettawa
In the Mettawa area, 4 businesses in the "Office Machinery and Equipment Rental and Leasing" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 52) and received an average PPP loan of $2,429,950 (compared to this company's $986,300).
Similar Nearby Businesses Who Received PPP Funding:
Impact La, LLC
Mettawa, IL
Impact Acquisitions, LLC
Mettawa, IL
Impact Networking, LLC
Mettawa, IL
Industry PPP Comparison Statistics
Nationwide, 767 businesses in the "Office Machinery and Equipment Rental and Leasing" industry received a total of $145,896,756.00 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 14 employees, 73% lower than Impact Networking Indiana LLC's reported 52 employees, and received an average PPP loan of $190,217, 81% lower than this company's loan of $986,300.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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.
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