PPP Loan Data — Premier Surgical Of Wisconsin S C, Manitowoc, WI
Premier Surgical Of Wisconsin S C
Location: Manitowoc, WITweet This • Search All PPP Data
Premier Surgical Of Wisconsin S C is a corporation located at 940 Maritime Dr in Manitowoc, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $45,949.00 in May, 2020.
The company has reported itself as a White female owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:U.S. Bank, National Association
Premier Surgical Of Wisconsin S C in Manitowoc, WI received a Paycheck Protection Loan of $45,949 through U.S. Bank, National Association, which was approved in May, 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, Premier Surgical Of Wisconsin S C's 2019 payroll expenses are estimated to be at least $220,555.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $36,759 per employee1
Reported PPP Proceed Usage:
On the PPP application, Premier Surgical Of Wisconsin S C reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,949
Business Information - Premier Surgical Of Wisconsin S C in Manitowoc, WI
940 Maritime Dr
Manitowoc, WI 54220
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Manitowoc
In the Manitowoc area, 5 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 6) and received an average PPP loan of $32,591 (compared to this company's $45,949).
Similar Nearby Businesses Who Received PPP Funding:
Women's Healthcare Associates, LTD
Lakeshore Radiology Associates, SC
Talley Anesthesia Associates
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 83% higher than Premier Surgical Of Wisconsin S C's reported 6 employees, and received an average PPP loan of $119,087, 159% higher than this company's loan of $45,949.
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