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PPP Loan Data — American Roller Co, Union Grove, WI

SBA PPP loan data, payroll data, and salaries for American Roller Co
WI

American Roller Co

Entity: Limited Liability Company (LLC)

Industry: All Other Miscellaneous Fabricated Metal Product Manufacturing

Location: Union Grove, WI

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American Roller Co is a limited liability company (LLC) located at 1440 13th Ave in Union Grove, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,622,610.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.62M

Jobs Retained:

255

Loan Approved:

2020-04-12

Lender:

TCF NATIONAL BANK

American Roller Co received a Paycheck Protection Loan of $3.62M through TCF NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, American Roller Co's total 2019 payroll expenses were approximately $17.39M in order to qualify for the PPP loan amount received.

Based on their reported 255 jobs retained, this equals an estimated average yearly compensation of $68,190 per employee1.

Because the loan received by American Roller Co is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - American Roller Co in Union Grove, WI

American Roller Co
1440 13th Ave
Union Grove, WI 53182

Business Industry

All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-01

Similar Companies near Union Grove

In the Union Grove area, 2 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 130 employees (compared to this company's 255) and received an average PPP loan of $1,838,805 (compared to this company's $3.62M).

Similar Nearby Businesses Who Received PPP Funding:

Northern Metalwork Inc
Twin Lakes, WI

$55,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 4,328 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a total of $1,219,008,137.00 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 22 employees, 91% lower than American Roller Co's reported 255 employees, and received an average PPP loan of $281,656, 92% lower than this company's loan of $3.62M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/american-roller-co-union-grove-wi