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PPP Loan Data — Nelson-Jameson, Inc.,
Marshfield, WI
Nelson-Jameson, Inc.
Entity: Corporation
Industry: Industrial Supplies Merchant Wholesalers
Location: Marshfield, WI
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Nelson-Jameson, Inc. is a corporation located at 3200 S Central Ave in Marshfield, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,430,700.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 188 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
188Loan Approved:
2020-04-08Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONNelson-Jameson, Inc. in Marshfield, WI received a Paycheck Protection Loan of $2.43M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nelson-Jameson, Inc.'s total 2019 payroll expenses were approximately $11.67M in order to qualify for the PPP loan amount received.
Based on their reported 188 jobs retained, this equals an estimated average yearly compensation of $62,060 per employee1.
Business Information - Nelson-Jameson, Inc. in Marshfield, WI
3200 S Central Ave
Marshfield, WI 54449
Business Industry
Industrial Supplies Merchant Wholesalers (NAICS code 423840)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: NON-VETERAN
Congressional District: WI-07Industry PPP Comparison Statistics
Nationwide, 4,186 businesses in the "Industrial Supplies Merchant Wholesalers" industry received a total of $780,956,963.00 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 13 employees, 93% lower than Nelson-Jameson, Inc.'s reported 188 employees, and received an average PPP loan of $186,564, 92% lower than this company's loan of $2.43M.
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, 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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