PPP Loan Data — David J Frank Landscape Contracting, Inc., Germantown, WI
David J Frank Landscape Contracting, Inc. is a subchapter s corporation located at N120 W21350 Freistadt Road in Germantown, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,533,600.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 252 people during the applicable loan loan period.
$ PPP Loan Information
Lender:WISCONSIN BANK & TRUST
David J Frank Landscape Contracting, Inc. in Germantown, WI received a Paycheck Protection Loan of $2.53M through WISCONSIN BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, David J Frank Landscape Contracting, Inc.'s total 2019 payroll expenses were approximately $12.16M in order to qualify for the PPP loan amount received.
Based on their reported 252 jobs retained, this equals an estimated average yearly compensation of $48,259 per employee1.
Business Information - David J Frank Landscape Contracting, Inc. in Germantown, WI
N120 W21350 Freistadt Road
Germantown, WI 53022
Landscaping Services (NAICS code 561730)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WI-05
Similar Companies near Germantown
In the Germantown area, 7 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 252) and received an average PPP loan of $409,834 (compared to this company's $2.53M).
Similar Nearby Businesses Who Received PPP Funding:
Jentges Landscape Co, LLC
Hapka Contracting, Inc.
Wendland Landscape Services, Inc.
Industry PPP Comparison Statistics
Nationwide, 46,451 businesses in the "Landscaping Services" industry received a total of $3,497,785,424.00 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 9 employees, 96% lower than David J Frank Landscape Contracting, Inc.'s reported 252 employees, and received an average PPP loan of $75,301, 97% lower than this company's loan of $2.53M.
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.
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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