PPP Loan Data — Randall Schirz DBA Cavedweller Studio, Wauwatosa, WI
Randall Schirz DBA Cavedweller Studio is a sole proprietorship located in Wauwatosa, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,225.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Randall Schirz DBA Cavedweller Studio in Wauwatosa, WI received a Paycheck Protection Loan of $25,225 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Randall Schirz DBA Cavedweller Studio reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,055
- Utilities: $755
- Mortgage Interest: $1,668
- Health Care: $2,747
Business Information - Randall Schirz DBA Cavedweller Studio in Wauwatosa, WI
* Full address is redacted to protect the privacy of individuals.
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Randall Schirz DBA Cavedweller Studio's reported 1 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $25,225.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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