PPP Loan Data — Itsavvy LLC, Addison, IL
Entity: Limited Liability Company (LLC)
Location: Addison, ILTweet This • Search All PPP Data
Itsavvy LLC is a limited liability company (LLC) located at 313 Rohlwing Rd in Addison, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,255,925.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Itsavvy LLC received a Paycheck Protection Loan of $3.26M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Itsavvy LLC's total 2019 payroll expenses were approximately $15.63M in order to qualify for the PPP loan amount received.
Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $81,824 per employee1.
Business Information - Itsavvy LLC in Addison, IL
313 Rohlwing Rd
Addison, IL 60101
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (NAICS code 423430)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-08
Similar Companies near Addison
In the Addison area, 2 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 99 employees (compared to this company's 191) and received an average PPP loan of $1,688,656 (compared to this company's $3.26M).
Similar Nearby Businesses Who Received PPP Funding:
Computerized Fleet Analysis, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,714 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a total of $530,433,905.00 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 Itsavvy LLC's reported 191 employees, and received an average PPP loan of $195,444, 94% lower than this company's loan of $3.26M.
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