PPP Loan Data — United Laboratories Inc, Saint Charles, IL
United Laboratories Inc is a trust located at 320 37th Ave in Saint Charles, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,034,500.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
United Laboratories Inc received a Paycheck Protection Loan of $3.03M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Laboratories Inc's total 2019 payroll expenses were approximately $14.57M in order to qualify for the PPP loan amount received.
Based on their reported 236 jobs retained, this equals an estimated average yearly compensation of $61,719 per employee1.
Business Information - United Laboratories Inc in Saint Charles, IL
320 37th Ave
Saint Charles, IL 60174
All Other Basic Organic Chemical Manufacturing (NAICS code 325199)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Industry PPP Comparison Statistics
Nationwide, 494 businesses in the "All Other Basic Organic Chemical Manufacturing" industry received a total of $174,933,064.00 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 19 employees, 92% lower than United Laboratories Inc's reported 236 employees, and received an average PPP loan of $354,116, 88% lower than this company's loan of $3.03M.
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Footnotes & Information
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