PPP Loan Data — Sutton Transport, Inc., Weston, WI
Sutton Transport, Inc. is a subchapter s corporation located at 8011 Schofield Ave in Weston, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,968,723.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Sutton Transport, Inc. in Weston, WI received a Paycheck Protection Loan of $3.97M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sutton Transport, Inc.'s total 2019 payroll expenses were approximately $19.05M in order to qualify for the PPP loan amount received.
Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $52,916 per employee1.
Business Information - Sutton Transport, Inc. in Weston, WI
8011 Schofield Ave
Weston, WI 54476
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-07
Similar Companies near Weston
In the Weston area, 3 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 136 employees (compared to this company's 360) and received an average PPP loan of $1,516,774 (compared to this company's $3.97M).
Similar Nearby Businesses Who Received PPP Funding:
Long Haul Fleet Service, LLC
River Valley Express, LLC
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Sutton Transport, Inc.'s reported 360 employees, and received an average PPP loan of $60,879, 98% lower than this company's loan of $3.97M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!