PPP Loan Data — Lutheran Child And Family Services Of IL, Oakbrook Terrace, IL
Lutheran Child And Family Services Of IL is a non-profit organization located at 1 Oakbrook Ter Ste 501 in Oakbrook Terrace, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,628,465.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST MIDWEST BANK
Lutheran Child And Family Services Of IL in Oakbrook Terrace, IL received a Paycheck Protection Loan of $2.63M through FIRST MIDWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lutheran Child And Family Services Of IL's total 2019 payroll expenses were approximately $12.62M in order to qualify for the PPP loan amount received.
Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $35,046 per employee1.
Business Information - Lutheran Child And Family Services Of IL in Oakbrook Terrace, IL
1 Oakbrook Ter Ste 501
Oakbrook Terrace, IL 60181
Child and Youth Services (NAICS code 624110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Industry PPP Comparison Statistics
Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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 24 employees, 93% lower than Lutheran Child And Family Services Of IL's reported 360 employees, and received an average PPP loan of $191,600, 93% lower than this company's loan of $2.63M.
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Footnotes & Information
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