PPP Loan Data — Rice Lake Weighing Systems, Inc, Rice Lake, WI
Rice Lake Weighing Systems, Inc
Industry: Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Location: Rice Lake, WITweet This • Search All PPP Data
Rice Lake Weighing Systems, Inc is a corporation located at 230 W Coleman Street in Rice Lake, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $8,400,000.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
Rice Lake Weighing Systems, Inc received a Paycheck Protection Loan of $8.4M through CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rice Lake Weighing Systems, Inc's total 2019 payroll expenses were approximately $40.32M 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 $80,640 per employee1.
Business Information - Rice Lake Weighing Systems, Inc in Rice Lake, WI
230 W Coleman Street
Rice Lake, WI 54868
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: WI-07
Industry PPP Comparison Statistics
Nationwide, 719 businesses in the "Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables" industry received a total of $285,355,038.00 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 24 employees, 95% lower than Rice Lake Weighing Systems, Inc's reported 500 employees, and received an average PPP loan of $396,878, 95% lower than this company's loan of $8.4M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!