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

PPP Loan Data — Grieves Chiropractic Center, Shawano, WI

ALERT: There are 2 PPP loans for a total of $56,872 in our database for businesses with the name "Grieves Chiropractic Center" in Shawano, WI. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Grieves Chiropractic Center
WI

Grieves Chiropractic Center

Entity: Sole Proprietorship

Industry: Offices of Chiropractors

Location: Shawano, WI

Search All PPP Data

Grieves Chiropractic Center is a sole proprietorship located in Shawano, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in March, 2021.

The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #6702718603

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2021-03-23

Loan Status:

Ongoing Loan

Lender:

Associated Bank, National Association

Grieves Chiropractic Center in Shawano, WI received a Paycheck Protection Loan of $20,833 through Associated Bank, National Association, which was approved in March, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Grieves Chiropractic Center reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,831
  • Utilities: $1

Business Information - Grieves Chiropractic Center in Shawano, WI

Grieves Chiropractic Center
Shawano, WI
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Chiropractors
NAICS code 621310

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Shawano County, WI — SBA Office 0563 — Congressional District: WI-08

Similar Companies near Shawano

In the Shawano area, 5 businesses in the "Offices of Chiropractors" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $42,334 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 49,175 businesses in the "Offices of Chiropractors" industry received a total of $1.52B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 4 employees, 300% higher than Grieves Chiropractic Center's reported 1 employees, and received an average PPP loan of $30,923, 48% higher than this company's loan of $20,833.

SBA PPP loan data, payroll data, and salaries for Grieves Chiropractic Center
WI

Grieves Chiropractic Center

Entity: Sole Proprietorship

Industry: Offices of Chiropractors

Location: Shawano, WI

Search All PPP Data

Grieves Chiropractic Center is a sole proprietorship located at 1050 Birch Hill Ln in Shawano, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $36,039.00 in July, 2020.

The company has reported itself as a White male owned business, and employed at least four people during the applicable loan loan period.

$ PPP Loan Information
Loan #9963068110

Loan Size:

$36,039

Jobs Retained:

4

Loan Approved:

2020-07-29

Loan Status:

Paid in Full or Forgiven

Lender:

Associated Bank, National Association

Grieves Chiropractic Center in Shawano, WI received a Paycheck Protection Loan of $36,039 through Associated Bank, National Association, which was approved in July, 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 June, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Grieves Chiropractic Center's 2019 payroll expenses are estimated to be at least $172,987.

Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $43,247 per employee1

Reported PPP Proceed Usage:

On the PPP application, Grieves Chiropractic Center reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $36,039

Business Information - Grieves Chiropractic Center in Shawano, WI

Grieves Chiropractic Center
1050 Birch Hill Ln
Shawano, WI 54166

Business Industry:
Offices of Chiropractors
NAICS code 621310

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Rural

Shawano County, WI — SBA Office 0563 — Congressional District: WI-08

Similar Companies near Shawano

In the Shawano area, 5 businesses in the "Offices of Chiropractors" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 4) and received an average PPP loan of $42,334 (compared to this company's $36,039).

Industry PPP Comparison Statistics

Nationwide, 49,175 businesses in the "Offices of Chiropractors" industry received a total of $1.52B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 4 employees, the same amount reported by Grieves Chiropractic Center and received an average PPP loan of $30,923, 14% lower than this company's loan of $36,039.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/grieves-chiropractic-center-shawano-wi