PPP Loan Data — Lakeside International, LLC, Milwaukee, WI
Lakeside International, LLC
Entity: Limited Liability Company (LLC)
Location: Milwaukee, WITweet This • Search All PPP Data
Lakeside International, LLC is a limited liability company (LLC) located at 11000 W. Silver Spring Rd. in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $4,560,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 323 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Lakeside International, LLC received a Paycheck Protection Loan of $4.56M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lakeside International, LLC's total 2019 payroll expenses were approximately $21.89M in order to qualify for the PPP loan amount received.
Based on their reported 323 jobs retained, this equals an estimated average yearly compensation of $67,765 per employee1.
Business Information - Lakeside International, LLC in Milwaukee, WI
11000 W. Silver Spring Rd.
Milwaukee, WI 53225
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (NAICS code 532120)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WI-04
Industry PPP Comparison Statistics
Nationwide, 1,428 businesses in the "Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing" industry received a total of $223,290,538.00 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 12 employees, 96% lower than Lakeside International, LLC's reported 323 employees, and received an average PPP loan of $156,366, 97% lower than this company's loan of $4.56M.
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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