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PPP Loan Data — Jagemann Stamping Company, Manitowoc, WI

SBA PPP loan data, payroll data, and salaries for Jagemann Stamping Company

Jagemann Stamping Company

Entity: Subchapter S Corporation

Industry: Metal Crown, Closure, and Other Metal Stamping (except Automotive)

Location: Manitowoc, WI

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Jagemann Stamping Company is a subchapter s corporation located at 5757 West Custer Street in Manitowoc, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,356,500.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 317 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Jagemann Stamping Company received a Paycheck Protection Loan of $3.36M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Jagemann Stamping Company's total 2019 payroll expenses were approximately $16.11M in order to qualify for the PPP loan amount received.

Based on their reported 317 jobs retained, this equals an estimated average yearly compensation of $50,824 per employee1.

Because the loan received by Jagemann Stamping Company 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 - Jagemann Stamping Company in Manitowoc, WI

Jagemann Stamping Company
5757 West Custer Street
Manitowoc, WI 54220

Business Industry

Metal Crown, Closure, and Other Metal Stamping (except Automotive) (NAICS code 332119)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: NON-VETERAN

Congressional District: WI-06

Similar Companies near Manitowoc

In the Manitowoc area, 3 businesses in the "Metal Crown, Closure, and Other Metal Stamping (except Automotive)" industry received a PPP loan. These local businesses reported an average of 120 employees (compared to this company's 317) and received an average PPP loan of $1,277,300 (compared to this company's $3.36M).

Industry PPP Comparison Statistics

Nationwide, 688 businesses in the "Metal Crown, Closure, and Other Metal Stamping (except Automotive)" industry received a total of $316,503,616.00 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 35 employees, 89% lower than Jagemann Stamping Company's reported 317 employees, and received an average PPP loan of $460,034, 86% lower than this company's loan of $3.36M.

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 - The Civil Employee's Resource **