PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Just In Time Staffing, LLC, Bensenville, IL

SBA PPP loan data, payroll data, and salaries for Just In Time Staffing, LLC
IL

Just In Time Staffing, LLC

Entity: Limited Liability Company (LLC)

Industry: Temporary Help Services

Location: Bensenville, IL

Search All PPP Data

Just In Time Staffing, LLC is a limited liability company (LLC) located at 113 Main St in Bensenville, Illinois that received a Coronavirus-related PPP loan from the SBA of $5,090,930.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.09M

Jobs Retained:

500

Loan Approved:

2020-04-11

Lender:

FIFTH THIRD BANK

Just In Time Staffing, LLC received a Paycheck Protection Loan of $5.09M through FIFTH THIRD BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Just In Time Staffing, LLC's total 2019 payroll expenses were approximately $24.44M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $48,873 per employee1.

Because the loan received by Just In Time Staffing, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Just In Time Staffing, LLC in Bensenville, IL

Just In Time Staffing, LLC
113 Main St
Bensenville, IL 60106

Business Industry

Temporary Help Services (NAICS code 561320)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-08

Similar Companies near Bensenville

In the Bensenville area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 257 employees (compared to this company's 500) and received an average PPP loan of $2,682,550 (compared to this company's $5.09M).

Similar Nearby Businesses Who Received PPP Funding:

JIT Staffing, LLC
Bensenville, IL

$274,170 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 4,404 businesses in the "Temporary Help Services" industry received a total of $2,681,304,257.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 61 employees, 88% lower than Just In Time Staffing, LLC's reported 500 employees, and received an average PPP loan of $608,834, 88% lower than this company's loan of $5.09M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/just-in-time-staffing-llc-bensenville-il