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PPP Loan Data — National Holding Company, Inc,
Broadview, IL
National Holding Company, Inc
Entity: Subchapter S Corporation
Industry: General Freight Trucking, Local
Location: Broadview, IL
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National Holding Company, Inc is a subchapter s corporation located at 2800 Roosevelt Road in Broadview, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,480,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
139Loan Approved:
2020-04-09Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONNational Holding Company, Inc in Broadview, IL received a Paycheck Protection Loan of $2.48M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, National Holding Company, Inc's total 2019 payroll expenses were approximately $11.9M in order to qualify for the PPP loan amount received.
Based on their reported 139 jobs retained, this equals an estimated average yearly compensation of $85,647 per employee1.
Business Information - National Holding Company, Inc in Broadview, IL
2800 Roosevelt Road
Broadview, IL 60155
Business Industry
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IL-07Similar Companies near Broadview
In the Broadview area, 33 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 139) and received an average PPP loan of $139,356 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
JPL Transport Inc
Broadview, IL
Roadstar Transportation Inc
Westchester, IL
Monika Skotnicki
Lake In The Hills, IL
Sunlight Logistics Inc
Lk In The Hls, IL
Rogelio Gonzalez
Westchester, IL
Ayodele Oyenuga
Lake In The Hills, IL
Arianna Wilbert
Broadview, IL
Janesha Hill
Broadview, IL
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 96% lower than National Holding Company, Inc's reported 139 employees, and received an average PPP loan of $60,879, 98% lower than this company's loan of $2.48M.
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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