FNA Group, Inc. in Pleasant Prairie, WI - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — FNA Group, Inc., Pleasant Prairie, WI

FNA Group, Inc.

Entity: Subchapter S Corporation

Industry: Travel Agencies

Location: Pleasant Prairie, WI

FNA Group, Inc. is a subchapter s corporation located at 7152 99th St in Pleasant Prairie, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,656,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.66M

Jobs Retained:

472

Loan Approved:

2020-04-27

Lender:

JOHNSON BANK

FNA Group, Inc. received a Paycheck Protection Loan of $3.66M through JOHNSON BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, FNA Group, Inc.'s total 2019 payroll expenses were approximately $17.55M in order to qualify for the PPP loan amount received.

Based on their reported 472 jobs retained, this equals an estimated average yearly compensation of $37,182 per employee¹.

Because the loan received by FNA Group, 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 - FNA Group, Inc. in Pleasant Prairie, WI

FNA Group, Inc.
7152 99th St
Pleasant Prairie, WI 53158

Business Industry

Travel Agencies (NAICS code 561510)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-01

Similar Companies near Pleasant Prairie

In the Pleasant Prairie area, 2 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 242 employees (compared to this company's 472) and received an average PPP loan of $1,902,650 (compared to this company's $3.66M).

Similar Nearby Businesses Who Received PPP Funding:

MII Meetings International LLC
Pleasant Prairie, WI

$149,100 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 9,316 businesses in the "Travel Agencies" industry received a total of $500,148,248.00 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 5 employees, 99% lower than FNA Group, Inc.'s reported 472 employees, and received an average PPP loan of $53,687, 99% lower than this company's loan of $3.66M.

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.

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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