PPP Loan Data — Law Offices Of Anthony J. Staskunas, Milwaukee, WI
Law Offices Of Anthony J. Staskunas is a sole proprietorship located at 10701 W. Lincoln Ave. in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First Federal Bank of Wisconsin
Law Offices Of Anthony J. Staskunas in Milwaukee, WI received a Paycheck Protection Loan of $25,400 through First Federal Bank of Wisconsin, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
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, Law Offices Of Anthony J. Staskunas' 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,960 per employee1
Reported PPP Proceed Usage:
On the PPP application, Law Offices Of Anthony J. Staskunas reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - Law Offices Of Anthony J. Staskunas in Milwaukee, WI
10701 W. Lincoln Ave.
Milwaukee, WI 53227
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Milwaukee
In the Milwaukee area, 83 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 2) and received an average PPP loan of $70,022 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
Schmidt, Darling & Erwin
Law Office Of Sheila L. Romell SC
Krabbe Law Offices, LLC
Griffin Purnell LLC
Groth Law Firm, SC
Roger C Pyzyk Pyzyk
West Allis, WI
Certus Legal Group, LTD
Gehrke & Associates SC
Industry PPP Comparison Statistics
Nationwide, 200,895 businesses in the "Offices of Lawyers" industry received a total of $16.38B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 200% higher than Law Offices Of Anthony J. Staskunas' reported 2 employees, and received an average PPP loan of $81,518, 221% higher than this company's loan of $25,400.
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