PPP Loan Data — Seven-D Construction Company, Chicago, IL
Seven-D Construction Company
Entity: Subchapter S Corporation
Location: Chicago, ILTweet This • Search All PPP Data
Seven-D Construction Company is a subchapter s corporation located at 2000 W 43rd St in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,463,610.00 in April, 2020.
$ PPP Loan Information
Lender:HINSDALE BANK & TRUST COMPANY, NATIONAL ASSOCIATION
Seven-D Construction Company received a Paycheck Protection Loan of $2.46M through HINSDALE BANK & TRUST COMPANY, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Seven-D Construction Company's total 2019 payroll expenses were approximately $11.83M in order to qualify for the PPP loan amount received.
Based on their reported 146 jobs retained, this equals an estimated average yearly compensation of $80,995 per employee1.
Business Information - Seven-D Construction Company in Chicago, IL
2000 W 43rd St
Chicago, IL 60609
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-03
Similar Companies near Chicago
In the Chicago area, 10 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 146) and received an average PPP loan of $358,653 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
Sam Lu Construction Co
Iron Horse Construction Services, Inc.
Griggs Mitchell & Alma Of IL, LLC
Bertco Construction Company, Inc.
Novelli Construction, Inc.
Scale Construction, Inc.
Inpol Cube LLC
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 91% lower than Seven-D Construction Company's reported 146 employees, and received an average PPP loan of $203,235, 92% lower than this company's loan of $2.46M.
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