PPP Loan Data — Lead It Corp, Springfield, IL
Lead It Corp is a corporation located at 1999 Wabash Avenue Suite 210 in Springfield, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,981,077.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Lead It Corp received a Paycheck Protection Loan of $2.98M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lead It Corp's total 2019 payroll expenses were approximately $14.31M in order to qualify for the PPP loan amount received.
Based on their reported 175 jobs retained, this equals an estimated average yearly compensation of $81,767 per employee1.
Business Information - Lead It Corp in Springfield, IL
1999 Wabash Avenue Suite 210
Springfield, IL 62704
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-18
Similar Companies near Springfield
In the Springfield area, 7 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 74 employees (compared to this company's 175) and received an average PPP loan of $1,401,927 (compared to this company's $2.98M).
Similar Nearby Businesses Who Received PPP Funding:
Microchip Computer Solutions, Inc.
Agility Communication And Technology Services Company
Crista L. Gebhardt
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 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 11 employees, 94% lower than Lead It Corp's reported 175 employees, and received an average PPP loan of $200,633, 93% lower than this company's loan of $2.98M.
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Footnotes & Information
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