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PPP Loan Data — Stkjr III, LLC, West Bend, WI

SBA PPP loan data, payroll data, and salaries for Stkjr III, LLC
WI

Stkjr III, LLC

Entity: Partnership

Industry: Unclassified Establishments

Location: West Bend, WI

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Stkjr III, LLC is a partnership located at 1722 Clarence Court in West Bend, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,162,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.16M

Jobs Retained:

482

Loan Approved:

2020-04-05

Lender:

BANK FIRST, N.A.

Stkjr III, LLC received a Paycheck Protection Loan of $2.16M through BANK FIRST, N.A., which was approved in April, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Stkjr III, LLC's total 2019 payroll expenses were approximately $10.38M in order to qualify for the PPP loan amount received.

Based on their reported 482 jobs retained, this equals an estimated average yearly compensation of $21,537 per employee1.

Because the loan received by Stkjr III, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Stkjr III, LLC in West Bend, WI

Stkjr III, LLC
1722 Clarence Court
West Bend, WI 53095

Business Industry

Unclassified Establishments (NAICS code 999990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-05

Similar Companies near West Bend

In the West Bend area, 10 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 482) and received an average PPP loan of $375,170 (compared to this company's $2.16M).

Industry PPP Comparison Statistics

Nationwide, 86,245 businesses in the "Unclassified Establishments" industry received a total of $3,723,225,376.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, 99% lower than Stkjr III, LLC's reported 482 employees, and received an average PPP loan of $43,170, 98% lower than this company's loan of $2.16M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/stkjr-iii-llc-west-bend-wi