PPP Loan Data — Pioneer Transformers LP, Franklin, WI
Pioneer Transformers LP
Location: Franklin, WITweet This • Search All PPP Data
Pioneer Transformers LP is a partnership located at 9650 S. Franklin Drive in Franklin, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $5,835,000.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Pioneer Transformers LP received a Paycheck Protection Loan of $5.84M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pioneer Transformers LP's total 2019 payroll expenses were approximately $28.01M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $56,016 per employee1.
Business Information - Pioneer Transformers LP in Franklin, WI
9650 S. Franklin Drive
Franklin, WI 53132
Power, Distribution, and Specialty Transformer Manufacturing (NAICS code 335311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-01
Industry PPP Comparison Statistics
Nationwide, 287 businesses in the "Power, Distribution, and Specialty Transformer Manufacturing" industry received a total of $137,311,096.00 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 33 employees, 93% lower than Pioneer Transformers LP's reported 500 employees, and received an average PPP loan of $478,436, 92% lower than this company's loan of $5.84M.
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Footnotes & Information
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