PPP Loan Data — Robert L. Ziegler, SC, Elm Grove, WI
Robert L. Ziegler, SC is a corporation located at 700 Pilgrim Pky Suite 200 in Elm Grove, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,492.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:BMO Harris Bank National Association
Robert L. Ziegler, SC in Elm Grove, WI received a Paycheck Protection Loan of $25,492 through BMO Harris Bank National Association, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, Robert L. Ziegler, SC's 2019 payroll expenses are estimated to be at least $122,362.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $61,181 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robert L. Ziegler, SC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,492
Business Information - Robert L. Ziegler, SC in Elm Grove, WI
700 Pilgrim Pky Suite 200
Elm Grove, WI 53122
Offices of Certified Public Accountants
NAICS code 541211
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Elm Grove
In the Elm Grove area, 4 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 2) and received an average PPP loan of $39,262 (compared to this company's $25,492).
Similar Nearby Businesses Who Received PPP Funding:
Duick & Company SC
Michael J Roberts CPA LLC
Preisler And Company SC
Elm Grove, WI
Industry PPP Comparison Statistics
Nationwide, 57,013 businesses in the "Offices of Certified Public Accountants" industry received a total of $4.21B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 6 employees, 200% higher than Robert L. Ziegler, SC's reported 2 employees, and received an average PPP loan of $73,772, 189% higher than this company's loan of $25,492.
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Footnotes & Information
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