PPP Loan Data — Steven J Enright, Kewaskum, WI
Steven J Enright is a sole proprietorship located at 8958 Boltonville Rd in Kewaskum, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:State Bank of Newburg
Steven J Enright in Kewaskum, WI received a Paycheck Protection Loan of $25,200 through State Bank of Newburg, which was approved in April, 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 March, 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, Steven J Enright's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,320 per employee1
Reported PPP Proceed Usage:
On the PPP application, Steven J Enright reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Steven J Enright in Kewaskum, WI
8958 Boltonville Rd
Kewaskum, WI 53040
Dairy Cattle and Milk Production
NAICS code 112120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Kewaskum
In the Kewaskum area, 14 businesses in the "Dairy Cattle and Milk Production" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 3) and received an average PPP loan of $31,506 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Kettle Aire Acres LLC
Michael Andera Meissner
Industry PPP Comparison Statistics
Nationwide, 24,315 businesses in the "Dairy Cattle and Milk Production" industry received a total of $1.23B 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, 100% higher than Steven J Enright's reported 3 employees, and received an average PPP loan of $50,558, 101% higher than this company's loan of $25,200.
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Footnotes & Information
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