PPP Loan Data — Silver Birch Services LLC, Chicago, IL
Silver Birch Services LLC is a limited liability company (LLC) located at 121 W Wacker Drive, Suite 400 in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,573,177.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Silver Birch Services LLC received a Paycheck Protection Loan of $2.57M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Silver Birch Services LLC's total 2019 payroll expenses were approximately $12.35M in order to qualify for the PPP loan amount received.
Based on their reported 450 jobs retained, this equals an estimated average yearly compensation of $27,447 per employee1.
Business Information - Silver Birch Services LLC in Chicago, IL
121 W Wacker Drive, Suite 400
Chicago, IL 60601
Assisted Living Facilities for the Elderly (NAICS code 623312)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-07
Similar Companies near Chicago
In the Chicago area, 2 businesses in the "Assisted Living Facilities for the Elderly" industry received a PPP loan. These local businesses reported an average of 307 employees (compared to this company's 450) and received an average PPP loan of $1,767,739 (compared to this company's $2.57M).
Similar Nearby Businesses Who Received PPP Funding:
Golden Age Senior Living Of El Paso, LLC
Industry PPP Comparison Statistics
Nationwide, 6,544 businesses in the "Assisted Living Facilities for the Elderly" industry received a total of $1,444,187,946.00 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 32 employees, 93% lower than Silver Birch Services LLC's reported 450 employees, and received an average PPP loan of $220,689, 91% lower than this company's loan of $2.57M.
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Footnotes & Information
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