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PPP Loan Data — Origami Risk LLC,
Chicago, IL
Origami Risk LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Telecommunications
Location: Chicago, IL
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Origami Risk LLC is a limited liability company (LLC) located at 222 N. Lasalle St. Suite 2125 in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $5,888,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
300Loan Approved:
2020-04-10Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONOrigami Risk LLC received a Paycheck Protection Loan of $5.89M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Origami Risk LLC's total 2019 payroll expenses were approximately $28.26M in order to qualify for the PPP loan amount received.
Based on their reported 300 jobs retained, this equals an estimated average yearly compensation of $94,208 per employee1.
Business Information - Origami Risk LLC in Chicago, IL
222 N. Lasalle St. Suite 2125
Chicago, IL 60601
Business Industry
All Other Telecommunications (NAICS code 517919)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IL-07Similar Companies near Chicago
In the Chicago area, 3 businesses in the "All Other Telecommunications" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 300) and received an average PPP loan of $1,985,124 (compared to this company's $5.89M).
Similar Nearby Businesses Who Received PPP Funding:
American Mass Media Corporation
Chicago, IL
Healthinfo Communications, Inc DBA Crisp Solution
Chicago, IL
Industry PPP Comparison Statistics
Nationwide, 6,603 businesses in the "All Other Telecommunications" industry received a total of $691,992,618.00 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 Origami Risk LLC's reported 300 employees, and received an average PPP loan of $104,800, 98% lower than this company's loan of $5.89M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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