PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — CPM, Inc., Menomonee Falls, WI

SBA PPP loan data, payroll data, and salaries for CPM, Inc.
WI

CPM, Inc.

Entity: Subchapter S Corporation

Industry: Residential Property Managers

Location: Menomonee Falls, WI

Search All PPP Data

CPM, Inc. is a subchapter s corporation located at W134 N8675 Executive Parkway in Menomonee Falls, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,889,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.89M

Jobs Retained:

290

Loan Approved:

2020-04-15

Lender:

CIBC BANK USA

CPM, Inc. in Menomonee Falls, WI received a Paycheck Protection Loan of $3.89M through CIBC BANK USA, which was approved in April, 2020.

Based on standard PPP eligibility rules, CPM, Inc.'s total 2019 payroll expenses were approximately $18.67M in order to qualify for the PPP loan amount received.

Based on their reported 290 jobs retained, this equals an estimated average yearly compensation of $64,371 per employee1.

Because the loan received by CPM, Inc. 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 - CPM, Inc. in Menomonee Falls, WI

CPM, Inc.
W134 N8675 Executive Parkway
Menomonee Falls, WI 53051

Business Industry

Residential Property Managers (NAICS code 531311)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-05

Similar Companies near Menomonee Falls

In the Menomonee Falls area, 3 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 97 employees (compared to this company's 290) and received an average PPP loan of $1,305,977 (compared to this company's $3.89M).

Industry PPP Comparison Statistics

Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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 10 employees, 97% lower than CPM, Inc.'s reported 290 employees, and received an average PPP loan of $114,517, 97% lower than this company's loan of $3.89M.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/cpm-inc-menomonee-falls-wi