PPP Loan Data — Kruger Holdings LLC, Bridgman, MI
Kruger Holdings LLC is a limited liability company (LLC) located at 4015 Lemon Creek Rd in Bridgman, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,636,400.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
Kruger Holdings LLC in Bridgman, MI received a Paycheck Protection Loan of $2.64M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kruger Holdings LLC's total 2019 payroll expenses were approximately $12.65M in order to qualify for the PPP loan amount received.
Based on their reported 271 jobs retained, this equals an estimated average yearly compensation of $46,696 per employee1.
Business Information - Kruger Holdings LLC in Bridgman, MI
4015 Lemon Creek Rd
Bridgman, MI 49106
Other Industrial Machinery Manufacturing (NAICS code 333249)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-06
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Other Industrial Machinery Manufacturing" industry received a total of $695,492,915.00 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 22 employees, 92% lower than Kruger Holdings LLC's reported 271 employees, and received an average PPP loan of $320,209, 88% lower than this company's loan of $2.64M.
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Footnotes & Information
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