PPP Loan Data — Platinum Home Mortgage Corporation, Rolling Meadows, IL
Platinum Home Mortgage Corporation is a corporation located at 2200 Hicks Road, Suite 101 in Rolling Meadows, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,033,851.00 in April, 2020.
$ PPP Loan Information
Platinum Home Mortgage Corporation received a Paycheck Protection Loan of $4.03M through CUSTOMERS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Platinum Home Mortgage Corporation's total 2019 payroll expenses were approximately $19.36M in order to qualify for the PPP loan amount received.
Based on their reported 282 jobs retained, this equals an estimated average yearly compensation of $68,661 per employee1.
Business Information - Platinum Home Mortgage Corporation in Rolling Meadows, IL
2200 Hicks Road, Suite 101
Rolling Meadows, IL 60008
Mortgage and Nonmortgage Loan Brokers (NAICS code 522310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Industry PPP Comparison Statistics
Nationwide, 4,330 businesses in the "Mortgage and Nonmortgage Loan Brokers" industry received a total of $593,727,712.00 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 9 employees, 97% lower than Platinum Home Mortgage Corporation's reported 282 employees, and received an average PPP loan of $137,120, 97% lower than this company's loan of $4.03M.
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Footnotes & Information
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