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PPP Loan Data — Sweet Treats - Ice Cream And More, Hartford, WI

SBA PPP loan data, payroll data, and salaries for Sweet Treats - Ice Cream And More

Sweet Treats - Ice Cream And More

Entity: Limited Liability Company (LLC)

Industry: Confectionery and Nut Stores

Location: Hartford, WI

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Sweet Treats - Ice Cream And More is a limited liability company (LLC) located at 65 N Main Street in Hartford, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,117.00 in April, 2020.

$ PPP Loan Information
Loan #6945087003

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Ongoing Loan


Forte Bank

Sweet Treats - Ice Cream And More in Hartford, WI received a Paycheck Protection Loan of $25,117 through Forte Bank, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Sweet Treats - Ice Cream And More's 2019 payroll expenses are estimated to be at least $120,562.

Based on their reported 20 jobs retained, this equals an estimated average yearly compensation of $6,028 per employee1

Reported PPP Proceed Usage:

On the PPP application, Sweet Treats - Ice Cream And More reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,117

Business Information - Sweet Treats - Ice Cream And More in Hartford, WI

Sweet Treats - Ice Cream And More
65 N Main Street
Hartford, WI 53027

Business Industry:
Confectionery and Nut Stores
NAICS code 445292

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Washington County, WI — SBA Office 0563 — Congressional District: WI-05

Similar Companies near Hartford

In the Hartford area, 2 businesses in the "Confectionery and Nut Stores" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 20) and received an average PPP loan of $25,117 (compared to this company's $25,117).

Similar Nearby Businesses Who Received PPP Funding:

Sweet Treats - Ice Cream And More LLC
Hartford, WI

$25,117 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,058 businesses in the "Confectionery and Nut Stores" industry received a total of $95.66M 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 10 employees, 50% lower than Sweet Treats - Ice Cream And More's reported 20 employees, and received an average PPP loan of $46,483, 85% higher than this company's loan of $25,117.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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