PPP Loan Data — Silver Star Brands Inc, Oshkosh, WI
Silver Star Brands Inc is a corporation located at 250 City Center in Oshkosh, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,612,868.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Silver Star Brands Inc in Oshkosh, WI received a Paycheck Protection Loan of $3.61M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Silver Star Brands Inc's total 2019 payroll expenses were approximately $17.34M in order to qualify for the PPP loan amount received.
Based on their reported 305 jobs retained, this equals an estimated average yearly compensation of $56,858 per employee1.
Business Information - Silver Star Brands Inc in Oshkosh, WI
250 City Center
Oshkosh, WI 54906
Other Direct Selling Establishments (NAICS code 454390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-06
Industry PPP Comparison Statistics
Nationwide, 11,977 businesses in the "Other Direct Selling Establishments" industry received a total of $632,841,121.00 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 5 employees, 98% lower than Silver Star Brands Inc's reported 305 employees, and received an average PPP loan of $52,838, 99% lower than this company's loan of $3.61M.
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Footnotes & Information
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