PPP Loan Data — Lutheran Social Services Of Illinois, Des Plaines, IL
Lutheran Social Services Of Illinois is a non-profit organization located at 1001 E Touhy Ave, Suite 50 in Des Plaines, Illinois that received a Coronavirus-related PPP loan from the SBA of $9,985,367.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
Lutheran Social Services Of Illinois received a Paycheck Protection Loan of $9.99M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lutheran Social Services Of Illinois' total 2019 payroll expenses were approximately $47.93M 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 $95,860 per employee1.
Business Information - Lutheran Social Services Of Illinois in Des Plaines, IL
1001 E Touhy Ave, Suite 50
Des Plaines, IL 60018
Civic and Social Organizations (NAICS code 813410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-05
Similar Companies near Des Plaines
In the Des Plaines area, 5 businesses in the "Civic and Social Organizations" industry received a PPP loan. These local businesses reported an average of 106 employees (compared to this company's 500) and received an average PPP loan of $2,080,925 (compared to this company's $9.99M).
Similar Nearby Businesses Who Received PPP Funding:
The Cavaliers Drum And Bugle Corps, Inc.
Honor Flight Chicago Corp
The Society Of Surgical Oncology, Inc.
Illinois Swimming Incorporated
Des Plaines, IL
Industry PPP Comparison Statistics
Nationwide, 11,463 businesses in the "Civic and Social Organizations" industry received a total of $1,562,132,328.00 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 16 employees, 97% lower than Lutheran Social Services Of Illinois' reported 500 employees, and received an average PPP loan of $136,276, 99% lower than this company's loan of $9.99M.
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Footnotes & Information
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