PPP Loan Data — Remprex Partners LLC, Willowbrook, IL
Remprex Partners LLC is a limited liability company (LLC) located at 7501 S.quincy St in Willowbrook, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,625,000.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
Remprex Partners LLC received a Paycheck Protection Loan of $4.63M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Remprex Partners LLC's total 2019 payroll expenses were approximately $22.2M in order to qualify for the PPP loan amount received.
Based on their reported 421 jobs retained, this equals an estimated average yearly compensation of $52,732 per employee1.
Business Information - Remprex Partners LLC in Willowbrook, IL
7501 S.quincy St
Willowbrook, IL 60527
Support Activities for Rail Transportation (NAICS code 488210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-11
Similar Companies near Willowbrook
In the Willowbrook area, 2 businesses in the "Support Activities for Rail Transportation" industry received a PPP loan. These local businesses reported an average of 211 employees (compared to this company's 421) and received an average PPP loan of $2,319,500 (compared to this company's $4.63M).
Similar Nearby Businesses Who Received PPP Funding:
Best 3 Logistics Inc
Industry PPP Comparison Statistics
Nationwide, 1,521 businesses in the "Support Activities for Rail Transportation" industry received a total of $168,514,052.00 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 11 employees, 97% lower than Remprex Partners LLC's reported 421 employees, and received an average PPP loan of $110,792, 98% lower than this company's loan of $4.63M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!