PPP Loan Data — Midwest Equity Mortgage LLC, Oakbrook Terrace, IL
Midwest Equity Mortgage LLC is a limited liability company (LLC) located at One Mid America Plaza, Suite 800 in Oakbrook Terrace, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,495,172.00 in April, 2020.
$ PPP Loan Information
Lender:HINSDALE BANK & TRUST COMPANY, NATIONAL ASSOCIATION
Midwest Equity Mortgage LLC in Oakbrook Terrace, IL received a Paycheck Protection Loan of $4.5M through HINSDALE BANK & TRUST COMPANY, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Midwest Equity Mortgage LLC's total 2019 payroll expenses were approximately $21.58M 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 $59,936 per employee1.
Business Information - Midwest Equity Mortgage LLC in Oakbrook Terrace, IL
One Mid America Plaza, Suite 800
Oakbrook Terrace, IL 60181
Real Estate Credit (NAICS code 522292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-05
Industry PPP Comparison Statistics
Nationwide, 1,706 businesses in the "Real Estate Credit" industry received a total of $570,275,600.00 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 21 employees, 94% lower than Midwest Equity Mortgage LLC's reported 360 employees, and received an average PPP loan of $334,276, 93% lower than this company's loan of $4.5M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!