PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Servercentral, LLC, Chicago, IL

SBA PPP loan data, payroll data, and salaries for Servercentral, LLC
IL

Servercentral, LLC

Entity: Limited Liability Company (LLC)

Industry: Computer Facilities Management Services

Location: Chicago, IL

Search All PPP Data

Servercentral, LLC is a limited liability company (LLC) located at 111 W Jackson Blvd in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,432,002.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 123 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.43M

Jobs Retained:

123

Loan Approved:

2020-04-09

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Servercentral, LLC in Chicago, IL received a Paycheck Protection Loan of $2.43M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Servercentral, LLC's total 2019 payroll expenses were approximately $11.67M in order to qualify for the PPP loan amount received.

Based on their reported 123 jobs retained, this equals an estimated average yearly compensation of $94,907 per employee1.

Because the loan received by Servercentral, LLC 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 - Servercentral, LLC in Chicago, IL

Servercentral, LLC
111 W Jackson Blvd
Chicago, IL 60604

Business Industry

Computer Facilities Management Services (NAICS code 541513)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: IL-07

Similar Companies near Chicago

In the Chicago area, 2 businesses in the "Computer Facilities Management Services" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 123) and received an average PPP loan of $1,636,001 (compared to this company's $2.43M).

Similar Nearby Businesses Who Received PPP Funding:

Entara Corporation
Chicago, IL

$840,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,889 businesses in the "Computer Facilities Management Services" industry received a total of $318,937,165.00 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 10 employees, 92% lower than Servercentral, LLC's reported 123 employees, and received an average PPP loan of $168,839, 93% lower than this company's loan of $2.43M.

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.

Search FederalPay's Full PPP Loan Database

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!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/servercentral-llc-chicago-il