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PPP Loan Data — Marquette Management Inc,
Naperville, IL
Marquette Management Inc
Entity: Subchapter S Corporation
Industry: Lessors of Residential Buildings and Dwellings
Location: Naperville, IL
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Marquette Management Inc is a subchapter s corporation located at 135 Water Street, 4th Floor in Naperville, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,874,620.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 275 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
275Loan Approved:
2020-04-09Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONMarquette Management Inc in Naperville, IL received a Paycheck Protection Loan of $2.87M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Marquette Management Inc's total 2019 payroll expenses were approximately $13.8M in order to qualify for the PPP loan amount received.
Based on their reported 275 jobs retained, this equals an estimated average yearly compensation of $50,175 per employee1.
Business Information - Marquette Management Inc in Naperville, IL
135 Water Street, 4th Floor
Naperville, IL 60540
Business Industry
Lessors of Residential Buildings and Dwellings (NAICS code 531110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: IL-11Similar Companies near Naperville
In the Naperville area, 2 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 138 employees (compared to this company's 275) and received an average PPP loan of $1,438,454 (compared to this company's $2.87M).
Similar Nearby Businesses Who Received PPP Funding:
Iqbal Majeed
Naperville, IL
Industry PPP Comparison Statistics
Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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 8 employees, 97% lower than Marquette Management Inc's reported 275 employees, and received an average PPP loan of $80,929, 97% lower than this company's loan of $2.87M.
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.
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