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PPP Loan Data — Carlson Tool & Manufacturing Corp., Cedarburg, WI

SBA PPP loan data, payroll data, and salaries for Carlson Tool & Manufacturing Corp.

Carlson Tool & Manufacturing Corp.

Entity: Subchapter S Corporation

Industry: Industrial Mold Manufacturing

Location: Cedarburg, WI

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Carlson Tool & Manufacturing Corp. is a subchapter s corporation located at W57n14386 Doerr Way in Cedarburg, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,633,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Carlson Tool & Manufacturing Corp. in Cedarburg, WI received a Paycheck Protection Loan of $2.63M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Carlson Tool & Manufacturing Corp.'s total 2019 payroll expenses were approximately $12.64M in order to qualify for the PPP loan amount received.

Based on their reported 142 jobs retained, this equals an estimated average yearly compensation of $89,026 per employee1.

Because the loan received by Carlson Tool & Manufacturing Corp. 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 - Carlson Tool & Manufacturing Corp. in Cedarburg, WI

Carlson Tool & Manufacturing Corp.
W57n14386 Doerr Way
Cedarburg, WI 53012

Business Industry

Industrial Mold Manufacturing (NAICS code 333511)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-06

Similar Companies near Cedarburg

In the Cedarburg area, 2 businesses in the "Industrial Mold Manufacturing" industry received a PPP loan. These local businesses reported an average of 74 employees (compared to this company's 142) and received an average PPP loan of $1,346,434 (compared to this company's $2.63M).

Similar Nearby Businesses Who Received PPP Funding:

Joel Manufacturing, Inc.
Cedarburg, WI

$59,167 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 709 businesses in the "Industrial Mold Manufacturing" industry received a total of $233,949,824.00 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 24 employees, 83% lower than Carlson Tool & Manufacturing Corp.'s reported 142 employees, and received an average PPP loan of $329,972, 87% lower than this company's loan of $2.63M.

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.

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 - The Civil Employee's Resource **