PPP Loan Data — J W P S Investors LLC, Eau Claire, WI
J W P S Investors LLC
Entity: Limited Liability Company (LLC)
Location: Eau Claire, WITweet This • Search All PPP Data
J W P S Investors LLC is a limited liability company (LLC) located at 5704 Arndt Rd in Eau Claire, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,938,320.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 247 people during the applicable loan loan period.
$ PPP Loan Information
Lender:DAIRY STATE BANK
J W P S Investors LLC received a Paycheck Protection Loan of $2.94M through DAIRY STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, J W P S Investors LLC's total 2019 payroll expenses were approximately $14.1M in order to qualify for the PPP loan amount received.
Based on their reported 247 jobs retained, this equals an estimated average yearly compensation of $57,101 per employee1.
Business Information - J W P S Investors LLC in Eau Claire, WI
5704 Arndt Rd
Eau Claire, WI 54701
Farm and Garden Machinery and Equipment Merchant Wholesalers (NAICS code 423820)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: WI-03
Industry PPP Comparison Statistics
Nationwide, 2,270 businesses in the "Farm and Garden Machinery and Equipment Merchant Wholesalers" industry received a total of $573,983,487.00 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 19 employees, 92% lower than J W P S Investors LLC's reported 247 employees, and received an average PPP loan of $252,856, 91% lower than this company's loan of $2.94M.
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.
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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