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PPP Loan Data — Integrated Building Industries, Inc.,
Elmhurst, IL
Integrated Building Industries, Inc.
Entity: Subchapter S Corporation
Industry: Glass and Glazing Contractors
Location: Elmhurst, IL
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Integrated Building Industries, Inc. is a subchapter s corporation located at 832 Industrial Dr in Elmhurst, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,197,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
159Loan Approved:
2020-04-09Lender:
OLD SECOND NATIONAL BANKIntegrated Building Industries, Inc. in Elmhurst, IL received a Paycheck Protection Loan of $3.2M through OLD SECOND NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Integrated Building Industries, Inc.'s total 2019 payroll expenses were approximately $15.35M in order to qualify for the PPP loan amount received.
Based on their reported 159 jobs retained, this equals an estimated average yearly compensation of $96,525 per employee1.
Business Information - Integrated Building Industries, Inc. in Elmhurst, IL
832 Industrial Dr
Elmhurst, IL 60126
Business Industry
Glass and Glazing Contractors (NAICS code 238150)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IL-05Similar Companies near Elmhurst
In the Elmhurst area, 4 businesses in the "Glass and Glazing Contractors" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 159) and received an average PPP loan of $1,089,375 (compared to this company's $3.2M).
Similar Nearby Businesses Who Received PPP Funding:
Lyle America Inc.
Elmhurst, IL
Euroview Enterprises LLC
Elmhurst, IL
Contract Mirror And Supply Company
Elmhurst, IL
Industry PPP Comparison Statistics
Nationwide, 4,243 businesses in the "Glass and Glazing Contractors" industry received a total of $685,715,074.00 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 11 employees, 93% lower than Integrated Building Industries, Inc.'s reported 159 employees, and received an average PPP loan of $161,611, 95% lower than this company's loan of $3.2M.
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, and is published unmodified, as provided by the SBA.
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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