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PPP Loan Data — Inland Label And Marketing Services LLC, La Crosse, WI

SBA PPP loan data, payroll data, and salaries for Inland Label And Marketing Services LLC
WI

Inland Label And Marketing Services LLC

Entity: Limited Liability Company (LLC)

Industry: Commercial Printing (except Screen and Books)

Location: La Crosse, WI

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Inland Label And Marketing Services LLC is a limited liability company (LLC) located at 2009 West Avenue South in La Crosse, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $4,620,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.62M

Jobs Retained:

357

Loan Approved:

2020-04-08

Lender:

BMO HARRIS BANK NATIONAL ASSOCIATION

Inland Label And Marketing Services LLC received a Paycheck Protection Loan of $4.62M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Inland Label And Marketing Services LLC's total 2019 payroll expenses were approximately $22.18M in order to qualify for the PPP loan amount received.

Based on their reported 357 jobs retained, this equals an estimated average yearly compensation of $62,124 per employee1.

Because the loan received by Inland Label And Marketing Services LLC 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 - Inland Label And Marketing Services LLC in La Crosse, WI

Inland Label And Marketing Services LLC
2009 West Avenue South
La Crosse, WI 54601

Business Industry

Commercial Printing (except Screen and Books) (NAICS code 323111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-03

Similar Companies near La Crosse

In the La Crosse area, 3 businesses in the "Commercial Printing (except Screen and Books)" industry received a PPP loan. These local businesses reported an average of 131 employees (compared to this company's 357) and received an average PPP loan of $1,673,933 (compared to this company's $4.62M).

Industry PPP Comparison Statistics

Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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 12 employees, 97% lower than Inland Label And Marketing Services LLC's reported 357 employees, and received an average PPP loan of $149,024, 97% lower than this company's loan of $4.62M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/inland-label-and-marketing-services-llc-la-crosse-wi