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PPP Loan Data — Push Inc,
Rice Lake, WI
Push Inc
Entity: Corporation
Industry: Power and Communication Line and Related Structures Construction
Location: Rice Lake, WI
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Push Inc is a corporation located at 1100 Lindy St in Rice Lake, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,946,400.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 478 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
478Loan Approved:
2020-04-05Lender:
JOHNSON BANKPush Inc in Rice Lake, WI received a Paycheck Protection Loan of $2.95M through JOHNSON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Push Inc's total 2019 payroll expenses were approximately $14.14M in order to qualify for the PPP loan amount received.
Based on their reported 478 jobs retained, this equals an estimated average yearly compensation of $29,587 per employee1.
Business Information - Push Inc in Rice Lake, WI
1100 Lindy St
Rice Lake, WI 54868
Business Industry
Power and Communication Line and Related Structures Construction (NAICS code 237130)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: WI-07Similar Companies near Rice Lake
In the Rice Lake area, 2 businesses in the "Power and Communication Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 242 employees (compared to this company's 478) and received an average PPP loan of $1,495,750 (compared to this company's $2.95M).
Similar Nearby Businesses Who Received PPP Funding:
Shovelhead LLC
Rice Lake, WI
Industry PPP Comparison Statistics
Nationwide, 2,531 businesses in the "Power and Communication Line and Related Structures Construction" industry received a total of $727,350,112.00 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 20 employees, 96% lower than Push Inc's reported 478 employees, and received an average PPP loan of $287,377, 90% lower than this company's loan of $2.95M.
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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