PPP Loan Data — Sayers Technology Holdings, Inc, Vernon Hills, IL
Sayers Technology Holdings, Inc is a subchapter s corporation located at 825 Corporate Woods Pkwy in Vernon Hills, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,494,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 138 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CIBC BANK USA
Sayers Technology Holdings, Inc received a Paycheck Protection Loan of $2.49M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sayers Technology Holdings, Inc's total 2019 payroll expenses were approximately $11.97M in order to qualify for the PPP loan amount received.
Based on their reported 138 jobs retained, this equals an estimated average yearly compensation of $86,748 per employee1.
Business Information - Sayers Technology Holdings, Inc in Vernon Hills, IL
825 Corporate Woods Pkwy
Vernon Hills, IL 60061
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: IL-10
Similar Companies near Vernon Hills
In the Vernon Hills area, 18 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 138) and received an average PPP loan of $297,524 (compared to this company's $2.49M).
Similar Nearby Businesses Who Received PPP Funding:
Vernon Hills, IL
CSG Computer Support Group, Incorporated
Computerized Information Service Inc
Snap Solutions LLC
Vernon Hills, IL
Simply Icard Consulting Inc.
Strategic Data Intelligence, LLC
Frontpage Interactive, LLC
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 93% lower than Sayers Technology Holdings, Inc's reported 138 employees, and received an average PPP loan of $181,408, 93% lower than this company's loan of $2.49M.
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