PPP Loan Data — Black Wolf Group, Inc., Madison, WI
Black Wolf Group, Inc. is a subchapter s corporation located at 579 Donofrio Dr in Madison, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,535,900.00 in April, 2020.
$ PPP Loan Information
Lender:STATE BANK OF CROSS PLAINS
Black Wolf Group, Inc. received a Paycheck Protection Loan of $2.54M through STATE BANK OF CROSS PLAINS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Black Wolf Group, Inc.'s total 2019 payroll expenses were approximately $12.17M in order to qualify for the PPP loan amount received.
Based on their reported 448 jobs retained, this equals an estimated average yearly compensation of $27,170 per employee1.
Business Information - Black Wolf Group, Inc. in Madison, WI
579 Donofrio Dr
Madison, WI 53719
Other Management Consulting Services (NAICS code 541618)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-02
Similar Companies near Madison
In the Madison area, 12 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 47 employees (compared to this company's 448) and received an average PPP loan of $328,194 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
Nora J Statsick
NCZ Consulting, LLC
Poppe Practice Management LLC
DRJ Engineering, LLC
Human Crafted LLC
Industry PPP Comparison Statistics
Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 99% lower than Black Wolf Group, Inc.'s reported 448 employees, and received an average PPP loan of $57,615, 98% lower than this company's loan of $2.54M.
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.
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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