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PPP Loan Data — LTD Commodities, LLC, Lincolnshire, IL

SBA PPP loan data, payroll data, and salaries for LTD Commodities, LLC
IL

LTD Commodities, LLC

Entity: Limited Liability Company (LLC)

Industry: Direct Mail Advertising

Location: Lincolnshire, IL

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LTD Commodities, LLC is a limited liability company (LLC) located at 200 Tri-state International, Suite 400 in Lincolnshire, Illinois that received a Coronavirus-related PPP loan from the SBA of $8,227,315.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$8.23M

Jobs Retained:

500

Loan Approved:

2020-05-29

Lender:

VALLEY NATIONAL BANK

LTD Commodities, LLC in Lincolnshire, IL received a Paycheck Protection Loan of $8.23M through VALLEY NATIONAL BANK, which was approved in May, 2020.

Based on standard PPP eligibility rules, LTD Commodities, LLC's total 2019 payroll expenses were approximately $39.49M 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 $78,982 per employee1.

Because the loan received by LTD Commodities, 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 - LTD Commodities, LLC in Lincolnshire, IL

LTD Commodities, LLC
200 Tri-state International, Suite 400
Lincolnshire, IL 60069

Business Industry

Direct Mail Advertising (NAICS code 541860)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-10

Similar Companies near Lincolnshire

In the Lincolnshire area, 2 businesses in the "Direct Mail Advertising" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 500) and received an average PPP loan of $4,131,158 (compared to this company's $8.23M).

Similar Nearby Businesses Who Received PPP Funding:

West East Shipping Inc
Park Ridge, IL

$35,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,095 businesses in the "Direct Mail Advertising" industry received a total of $166,888,110.00 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 12 employees, 98% lower than LTD Commodities, LLC's reported 500 employees, and received an average PPP loan of $152,409, 98% lower than this company's loan of $8.23M.

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.

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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ltd-commodities-llc-lincolnshire-il