PPP Loan Data — Jupiter Aluminum Corp., Des Plaines, IL
Jupiter Aluminum Corp. is a subchapter s corporation located at 2800 S. River Road Suite 300 in Des Plaines, Illinois that received a Coronavirus-related PPP loan from the SBA of $5,799,700.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Jupiter Aluminum Corp. in Des Plaines, IL received a Paycheck Protection Loan of $5.8M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jupiter Aluminum Corp.'s total 2019 payroll expenses were approximately $27.84M in order to qualify for the PPP loan amount received.
Based on their reported 424 jobs retained, this equals an estimated average yearly compensation of $65,657 per employee1.
Business Information - Jupiter Aluminum Corp. in Des Plaines, IL
2800 S. River Road Suite 300
Des Plaines, IL 60018
Aluminum Sheet, Plate, and Foil Manufacturing (NAICS code 331315)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-09
Industry PPP Comparison Statistics
Nationwide, 123 businesses in the "Aluminum Sheet, Plate, and Foil Manufacturing" industry received a total of $46,131,944.00 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 32 employees, 92% lower than Jupiter Aluminum Corp.'s reported 424 employees, and received an average PPP loan of $375,056, 94% lower than this company's loan of $5.8M.
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Footnotes & Information
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