PPP Loan Data — Jacobus Energy, LLC, Milwaukee, WI
Jacobus Energy, LLC is a limited liability company (LLC) located at 11815 W. Bradley Road in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $6,487,500.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Jacobus Energy, LLC received a Paycheck Protection Loan of $6.49M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jacobus Energy, LLC's total 2019 payroll expenses were approximately $31.14M in order to qualify for the PPP loan amount received.
Based on their reported 411 jobs retained, this equals an estimated average yearly compensation of $75,766 per employee1.
Business Information - Jacobus Energy, LLC in Milwaukee, WI
11815 W. Bradley Road
Milwaukee, WI 53224
Petroleum Bulk Stations and Terminals (NAICS code 424710)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-04
Industry PPP Comparison Statistics
Nationwide, 726 businesses in the "Petroleum Bulk Stations and Terminals" industry received a total of $177,450,973.00 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 21 employees, 95% lower than Jacobus Energy, LLC's reported 411 employees, and received an average PPP loan of $244,423, 96% lower than this company's loan of $6.49M.
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Footnotes & Information
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