PPP Loan Data — Service Drywall & Decorating Inc, Roselle, IL
Service Drywall & Decorating Inc is a corporation located at 47 W Irving Park Rd in Roselle, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,521,100.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 353 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE FIRST NATIONAL BANK OF OTTAWA
Service Drywall & Decorating Inc received a Paycheck Protection Loan of $3.52M through THE FIRST NATIONAL BANK OF OTTAWA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Service Drywall & Decorating Inc's total 2019 payroll expenses were approximately $16.9M in order to qualify for the PPP loan amount received.
Based on their reported 353 jobs retained, this equals an estimated average yearly compensation of $47,879 per employee1.
Business Information - Service Drywall & Decorating Inc in Roselle, IL
47 W Irving Park Rd
Roselle, IL 60172
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: IL-08
Similar Companies near Roselle
In the Roselle area, 6 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 81 employees (compared to this company's 353) and received an average PPP loan of $830,158 (compared to this company's $3.52M).
Similar Nearby Businesses Who Received PPP Funding:
Peak Carpentry Inc
American Insulation, Inc.
Eckhart Construction Services, Inc.
Decorviii Construction, LLC
Service West Inc
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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 14 employees, 96% lower than Service Drywall & Decorating Inc's reported 353 employees, and received an average PPP loan of $192,711, 95% lower than this company's loan of $3.52M.
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Footnotes & Information
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