PPP Loan Data — Stevens Cabinets Inc, Teutopolis, IL
Stevens Cabinets Inc
Entity: Subchapter S Corporation
Location: Teutopolis, ILTweet This • Search All PPP Data
Stevens Cabinets Inc is a subchapter s corporation located at 704 West Main St in Teutopolis, Illinois that received a Coronavirus-related PPP loan from the SBA of $5,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:MIDLAND STATES BANK
Stevens Cabinets Inc in Teutopolis, IL received a Paycheck Protection Loan of $5M through MIDLAND STATES BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Stevens Cabinets Inc's total 2019 payroll expenses were approximately $24M in order to qualify for the PPP loan amount received.
Based on their reported 498 jobs retained, this equals an estimated average yearly compensation of $48,193 per employee1.
Business Information - Stevens Cabinets Inc in Teutopolis, IL
704 West Main St
Teutopolis, IL 62467
Custom Architectural Woodwork and Millwork Manufacturing (NAICS code 337212)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-15
Industry PPP Comparison Statistics
Nationwide, 1,894 businesses in the "Custom Architectural Woodwork and Millwork Manufacturing" industry received a total of $279,602,902.00 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 11 employees, 98% lower than Stevens Cabinets Inc's reported 498 employees, and received an average PPP loan of $147,626, 97% lower than this company's loan of $5M.
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Footnotes & Information
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