PPP Loan Data — Sunstar Americas Inc, Schaumburg, IL
Sunstar Americas Inc is a corporation located at 301 E Central Rd in Schaumburg, Illinois that received a Coronavirus-related PPP loan from the SBA of $6,230,492.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Sunstar Americas Inc in Schaumburg, IL received a Paycheck Protection Loan of $6.23M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sunstar Americas Inc's total 2019 payroll expenses were approximately $29.91M in order to qualify for the PPP loan amount received.
Based on their reported 435 jobs retained, this equals an estimated average yearly compensation of $68,750 per employee1.
Business Information - Sunstar Americas Inc in Schaumburg, IL
301 E Central Rd
Schaumburg, IL 60195
Dental Equipment and Supplies Manufacturing (NAICS code 339114)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Industry PPP Comparison Statistics
Nationwide, 635 businesses in the "Dental Equipment and Supplies Manufacturing" industry received a total of $115,596,265.00 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, 97% lower than Sunstar Americas Inc's reported 435 employees, and received an average PPP loan of $182,041, 97% lower than this company's loan of $6.23M.
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Footnotes & Information
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