PPP Loan Data — Janet R Crowley, Elkhorn, WI
Janet R Crowley
Entity: Sole Proprietorship
Location: Elkhorn, WITweet This • Search All PPP Data
Janet R Crowley is a sole proprietorship located at 20 Walworth St E in Elkhorn, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,137.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:U.S. Bank, National Association
Janet R Crowley in Elkhorn, WI received a Paycheck Protection Loan of $25,137 through U.S. Bank, National Association, which was approved in May, 2020.
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.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Janet R Crowley's 2019 payroll expenses are estimated to be at least $120,658.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,110 per employee1
Reported PPP Proceed Usage:
On the PPP application, Janet R Crowley reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,137
Business Information - Janet R Crowley in Elkhorn, WI
20 Walworth St E
Elkhorn, WI 53121
Motor Vehicle Supplies and New Parts Merchant Wholesalers
NAICS code 423120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 5,778 businesses in the "Motor Vehicle Supplies and New Parts Merchant Wholesalers" industry received a total of $789.24M 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 14 employees, 133% higher than Janet R Crowley's reported 6 employees, and received an average PPP loan of $136,595, 443% higher than this company's loan of $25,137.
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Footnotes & Information
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