PPP Loan Data — Kuriyama Of America. Inc., Schaumburg, IL
Kuriyama Of America. Inc. is a corporation located at 360 E. State Parkway in Schaumburg, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,602,205.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF THE WEST
Kuriyama Of America. Inc. in Schaumburg, IL received a Paycheck Protection Loan of $4.6M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kuriyama Of America. Inc.'s total 2019 payroll expenses were approximately $22.09M in order to qualify for the PPP loan amount received.
Based on their reported 322 jobs retained, this equals an estimated average yearly compensation of $68,604 per employee1.
Business Information - Kuriyama Of America. Inc. in Schaumburg, IL
360 E. State Parkway
Schaumburg, IL 60173
Industrial Supplies Merchant Wholesalers (NAICS code 423840)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-08
Similar Companies near Schaumburg
In the Schaumburg area, 7 businesses in the "Industrial Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 51 employees (compared to this company's 322) and received an average PPP loan of $721,340 (compared to this company's $4.6M).
Similar Nearby Businesses Who Received PPP Funding:
Adhesive Pro Corporation
Global Drivetrain, Inc.
Saint Charles, IL
Hirschmann Engineering USA, Inc
Gourdie Products Company, Inc.
Promotions & Premiums Unlimited
CHA Industries, Inc.
Saint Charles, IL
Industry PPP Comparison Statistics
Nationwide, 4,186 businesses in the "Industrial Supplies Merchant Wholesalers" industry received a total of $780,956,963.00 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 13 employees, 96% lower than Kuriyama Of America. Inc.'s reported 322 employees, and received an average PPP loan of $186,564, 96% lower than this company's loan of $4.6M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!