PPP Loan Data — Napleton Bluemound Imports, LLC, Brookfield, WI
Napleton Bluemound Imports, LLC is a limited liability company (LLC) located at 20001 W Bluemound Rd in Brookfield, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $1,541,168.00 in April, 2020. This business is a Lexus Dealer Agreement franchise.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Toyota Financial Savings Bank
Napleton Bluemound Imports, LLC in Brookfield, WI received a Paycheck Protection Loan of $1.54M through Toyota Financial Savings Bank, which was approved in April, 2020.
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, Napleton Bluemound Imports, LLC's 2019 payroll expenses are estimated to be at least $7.4M.
Based on their reported 125 jobs retained, this equals an estimated average yearly compensation of $59,181 per employee1
Reported PPP Proceed Usage:
On the PPP application, Napleton Bluemound Imports, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,541,168
Business Information - Napleton Bluemound Imports, LLC in Brookfield, WI
20001 W Bluemound Rd
Brookfield, WI 53045
New Car Dealers
NAICS code 441110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Brookfield
In the Brookfield area, 5 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 125) and received an average PPP loan of $1,283,934 (compared to this company's $1.54M).
Similar Nearby Businesses Who Received PPP Funding:
Napleton Brookfield Imports, LLC
Hall Imports LLC
Soerens Ford Inc
Cars Of Brookfield, Inc
Industry PPP Comparison Statistics
Nationwide, 19,896 businesses in the "New Car Dealers" industry received a total of $12.31B 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 52 employees, 58% lower than Napleton Bluemound Imports, LLC's reported 125 employees, and received an average PPP loan of $618,860, 60% lower than this company's loan of $1.54M.
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Footnotes & Information
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