PPP Loan Data — EO Johnson Co., Inc., Wausau, WI
EO Johnson Co., Inc. is a corporation located at 8400 W Stewart Ave in Wausau, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $4,437,000.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PEOPLES STATE BANK
EO Johnson Co., Inc. received a Paycheck Protection Loan of $4.44M through PEOPLES STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, EO Johnson Co., Inc.'s total 2019 payroll expenses were approximately $21.3M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $85,190 per employee1.
Business Information - EO Johnson Co., Inc. in Wausau, WI
8400 W Stewart Ave
Wausau, WI 54401
Office Equipment Merchant Wholesalers (NAICS code 423420)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: WI-07
Similar Companies near Wausau
In the Wausau area, 2 businesses in the "Office Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 127 employees (compared to this company's 250) and received an average PPP loan of $2,227,650 (compared to this company's $4.44M).
Similar Nearby Businesses Who Received PPP Funding:
Machine Tool & Equipment, Inc.
Industry PPP Comparison Statistics
Nationwide, 1,297 businesses in the "Office Equipment Merchant Wholesalers" industry received a total of $267,348,840.00 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 15 employees, 94% lower than EO Johnson Co., Inc.'s reported 250 employees, and received an average PPP loan of $206,129, 95% lower than this company's loan of $4.44M.
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Footnotes & Information
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