PPP Loan Data — RPE, Inc., Bancroft, WI
RPE, Inc. is a subchapter s corporation located at 8550 Central Sand Road P.o. Box 330 in Bancroft, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $7,274,200.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
RPE, Inc. received a Paycheck Protection Loan of $7.27M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, RPE, Inc.'s total 2019 payroll expenses were approximately $34.92M in order to qualify for the PPP loan amount received.
Based on their reported 382 jobs retained, this equals an estimated average yearly compensation of $91,404 per employee1.
Business Information - RPE, Inc. in Bancroft, WI
8550 Central Sand Road P.o. Box 330
Bancroft, WI 54921
Fresh Fruit and Vegetable Merchant Wholesalers (NAICS code 424480)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-03
Industry PPP Comparison Statistics
Nationwide, 2,174 businesses in the "Fresh Fruit and Vegetable Merchant Wholesalers" industry received a total of $605,605,165.00 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, 94% lower than RPE, Inc.'s reported 382 employees, and received an average PPP loan of $278,567, 96% lower than this company's loan of $7.27M.
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Footnotes & Information
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