PPP Loan Data — FOX Valley Birdhouses Inc, Waupaca, WI
FOX Valley Birdhouses Inc
Entity: Subchapter S Corporation
Location: Waupaca, WITweet This • Search All PPP Data
FOX Valley Birdhouses Inc is a subchapter s corporation located at 957 E State Road 54 in Waupaca, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $46,768.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Farmers State Bank of Waupaca
FOX Valley Birdhouses Inc in Waupaca, WI received a Paycheck Protection Loan of $46,768 through The Farmers State Bank of Waupaca, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in November, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, FOX Valley Birdhouses Inc's 2019 payroll expenses are estimated to be at least $224,486.
Based on their reported 14 jobs retained, this equals an estimated average yearly compensation of $16,035 per employee1
Reported PPP Proceed Usage:
On the PPP application, FOX Valley Birdhouses Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,768
Business Information - FOX Valley Birdhouses Inc in Waupaca, WI
957 E State Road 54
Waupaca, WI 54981
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Waupaca
In the Waupaca area, 9 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 14) and received an average PPP loan of $20,000 (compared to this company's $46,768).
Similar Nearby Businesses Who Received PPP Funding:
Sew N Sew, Inc
RH Liquidation LLC
Greg's Speed Shop LLC
Lucky Tree, LLC
Natures Nectar LLC
Industry PPP Comparison Statistics
Nationwide, 152,436 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.23B 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 4 employees, 71% lower than FOX Valley Birdhouses Inc's reported 14 employees, and received an average PPP loan of $34,329, 27% lower than this company's loan of $46,768.
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