PPP Loan Data — SRE 4610 Opco Jv, LLC, Chicago, IL
SRE 4610 Opco Jv, LLC is a limited liability company (LLC) located at 980 N. Michigan Ave., Suite 1700 in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,535,200.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
SRE 4610 Opco Jv, LLC in Chicago, IL received a Paycheck Protection Loan of $2.54M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, SRE 4610 Opco Jv, LLC's total 2019 payroll expenses were approximately $12.17M in order to qualify for the PPP loan amount received.
Based on their reported 379 jobs retained, this equals an estimated average yearly compensation of $32,108 per employee1.
Business Information - SRE 4610 Opco Jv, LLC in Chicago, IL
980 N. Michigan Ave., Suite 1700
Chicago, IL 60611
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-07
Similar Companies near Chicago
In the Chicago area, 20 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 86 employees (compared to this company's 379) and received an average PPP loan of $915,862 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
WH Investment Properties, LTD
ECD-Streeterville Hotel, LLC
ATH Employment LLC
Smashhotels Chicago Investors, LLC
Lasalle Discount, Inc.
Sydell Hostel Manager LLC
Paramount Lodging Advisors Chicago LLC
New Parie Investments, LLC
Ohio East Hotel LLC
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 94% lower than SRE 4610 Opco Jv, LLC's reported 379 employees, and received an average PPP loan of $161,149, 94% lower than this company's loan of $2.54M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!