PPP Loan Data — Upstaging, Inc., Sycamore, IL
Entity: Subchapter S Corporation
Location: Sycamore, ILTweet This • Search All PPP Data
Upstaging, Inc. is a subchapter s corporation located at 821 Park Avenue in Sycamore, Illinois that received a Coronavirus-related PPP loan from the SBA of $5,146,000.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Upstaging, Inc. in Sycamore, IL received a Paycheck Protection Loan of $5.15M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Upstaging, Inc.'s total 2019 payroll expenses were approximately $24.7M in order to qualify for the PPP loan amount received.
Based on their reported 346 jobs retained, this equals an estimated average yearly compensation of $71,390 per employee1.
Business Information - Upstaging, Inc. in Sycamore, IL
821 Park Avenue
Sycamore, IL 60178
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-14
Similar Companies near Sycamore
In the Sycamore area, 5 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 70 employees (compared to this company's 346) and received an average PPP loan of $1,044,664 (compared to this company's $5.15M).
Similar Nearby Businesses Who Received PPP Funding:
South Elgin, IL
Berna Moving & Storage Inc
South Elgin, IL
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than Upstaging, Inc.'s reported 346 employees, and received an average PPP loan of $80,292, 98% lower than this company's loan of $5.15M.
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