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PPP Loan Data — MII Meetings International LLC, Pleasant Prairie, WI

SBA PPP loan data, payroll data, and salaries for MII Meetings International LLC
WI

MII Meetings International LLC

Entity: Limited Liability Company (LLC)

Industry: Travel Agencies

Location: Pleasant Prairie, WI

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MII Meetings International LLC is a limited liability company (LLC) located at 9714 33rd Ave in Pleasant Prairie, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $149,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$149,100

Jobs Retained:

11

Loan Approved:

2020-04-27

Lender:

JOHNSON BANK

MII Meetings International LLC received a Paycheck Protection Loan of $149,100 through JOHNSON BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, MII Meetings International LLC's total 2019 payroll expenses were approximately $715,680 in order to qualify for the PPP loan amount received.

Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $65,062 per employee1.

Business Information - MII Meetings International LLC in Pleasant Prairie, WI

MII Meetings International LLC
9714 33rd Ave
Pleasant Prairie, WI 53158

Business Industry

Travel Agencies (NAICS code 561510)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-01

Similar Companies near Pleasant Prairie

In the Pleasant Prairie area, 2 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 242 employees (compared to this company's 11) and received an average PPP loan of $1,902,650 (compared to this company's $149,100).

Similar Nearby Businesses Who Received PPP Funding:

FNA Group, Inc.
Pleasant Prairie, WI

$3.66M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 9,316 businesses in the "Travel Agencies" industry received a total of $500,148,248.00 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 5 employees, 55% lower than MII Meetings International LLC's reported 11 employees, and received an average PPP loan of $53,687, 64% lower than this company's loan of $149,100.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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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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Source: www.federalpay.org/paycheck-protection-program/mii-meetings-international-llc-pleasant-prairie-wi