PPP Loan Data — The Custom Companies, Inc.,
Melrose Park, IL
The Custom Companies, Inc.
Entity: Corporation
Industry: Inland Water Freight Transportation
Location: Melrose Park, IL

The Custom Companies, Inc. is a corporation located at 135 N Railroad Ave in Melrose Park, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,733,436.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
467Loan Approved:
2020-04-05Lender:
RADIUS BANKThe Custom Companies, Inc. in Melrose Park, IL received a Paycheck Protection Loan of $3.73M through RADIUS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Custom Companies, Inc.'s total 2019 payroll expenses were approximately $17.92M in order to qualify for the PPP loan amount received.
Based on their reported 467 jobs retained, this equals an estimated average yearly compensation of $38,374 per employee1.
Business Information - The Custom Companies, Inc. in Melrose Park, IL
135 N Railroad Ave
Melrose Park, IL 60164
Business Industry
Inland Water Freight Transportation (NAICS code 483211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IL-04Industry PPP Comparison Statistics
Nationwide, 330 businesses in the "Inland Water Freight Transportation" industry received a total of $147,774,851.00 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 26 employees, 94% lower than The Custom Companies, Inc.'s reported 467 employees, and received an average PPP loan of $447,803, 88% lower than this company's loan of $3.73M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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