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PPP Loan Data — Semblex Corp, Elmhurst, IL

SBA PPP loan data, payroll data, and salaries for Semblex Corp

Semblex Corp

Entity: Corporation

Industry: Bolt, Nut, Screw, Rivet, and Washer Manufacturing

Location: Elmhurst, IL

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Semblex Corp is a corporation located at 900 N Church Rd in Elmhurst, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,617,900.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Semblex Corp in Elmhurst, IL received a Paycheck Protection Loan of $4.62M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Semblex Corp's total 2019 payroll expenses were approximately $22.17M in order to qualify for the PPP loan amount received.

Based on their reported 284 jobs retained, this equals an estimated average yearly compensation of $78,049 per employee1.

Because the loan received by Semblex Corp is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Semblex Corp in Elmhurst, IL

Semblex Corp
900 N Church Rd
Elmhurst, IL 60126

Business Industry

Bolt, Nut, Screw, Rivet, and Washer Manufacturing (NAICS code 332722)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-05

Similar Companies near Elmhurst

In the Elmhurst area, 2 businesses in the "Bolt, Nut, Screw, Rivet, and Washer Manufacturing" industry received a PPP loan. These local businesses reported an average of 158 employees (compared to this company's 284) and received an average PPP loan of $2,470,950 (compared to this company's $4.62M).

Similar Nearby Businesses Who Received PPP Funding:

Brico Industries Inc.
Elmhurst, IL

$324,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 462 businesses in the "Bolt, Nut, Screw, Rivet, and Washer Manufacturing" industry received a total of $188,041,124.00 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 31 employees, 89% lower than Semblex Corp's reported 284 employees, and received an average PPP loan of $407,015, 91% lower than this company's loan of $4.62M.

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, and is published unmodified, as provided by the SBA.

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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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** This Document Provided By - The Civil Employee's Resource **