PPP Loan Data — Neigborhood Loans, Inc, Downers Grove, IL
Neigborhood Loans, Inc is a corporation located at 1333 W Butterfield Rd, Suite 600 in Downers Grove, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,759,615.00 in April, 2020.
$ PPP Loan Information
Lender:HINSDALE BANK & TRUST COMPANY, NATIONAL ASSOCIATION
Neigborhood Loans, Inc in Downers Grove, IL received a Paycheck Protection Loan of $4.76M through HINSDALE BANK & TRUST COMPANY, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Neigborhood Loans, Inc's total 2019 payroll expenses were approximately $22.85M in order to qualify for the PPP loan amount received.
Based on their reported 244 jobs retained, this equals an estimated average yearly compensation of $93,632 per employee1.
Business Information - Neigborhood Loans, Inc in Downers Grove, IL
1333 W Butterfield Rd, Suite 600
Downers Grove, IL 60515
Real Estate Credit (NAICS code 522292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Similar Companies near Downers Grove
In the Downers Grove area, 4 businesses in the "Real Estate Credit" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 244) and received an average PPP loan of $1,212,756 (compared to this company's $4.76M).
Similar Nearby Businesses Who Received PPP Funding:
Wazowski And Sullivan Inc.
Downers Grove, IL
Green Mortgage Corp.
Downers Grove, IL
HLP Mortgage LLC
Clarendon Hills, IL
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, 91% lower than Neigborhood Loans, Inc's reported 244 employees, and received an average PPP loan of $334,276, 93% lower than this company's loan of $4.76M.
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Footnotes & Information
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