PPP Loan Data — Kreider Services, Inc., Dixon, IL
Kreider Services, Inc.
Entity: Non-profit Organization
Location: Dixon, ILTweet This • Search All PPP Data
Kreider Services, Inc. is a non-profit organization located at 500 Anchor Rd in Dixon, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,008,500.00 in April, 2020.
$ PPP Loan Information
Lender:SAUK VALLEY BANK & TRUST COMPANY
Kreider Services, Inc. received a Paycheck Protection Loan of $3.01M through SAUK VALLEY BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kreider Services, Inc.'s total 2019 payroll expenses were approximately $14.44M in order to qualify for the PPP loan amount received.
Based on their reported 347 jobs retained, this equals an estimated average yearly compensation of $41,616 per employee1.
Business Information - Kreider Services, Inc. in Dixon, IL
500 Anchor Rd
Dixon, IL 61021
Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-16
Industry PPP Comparison Statistics
Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 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 61 employees, 82% lower than Kreider Services, Inc.'s reported 347 employees, and received an average PPP loan of $471,460, 84% lower than this company's loan of $3.01M.
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Footnotes & Information
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