PPP Loan Data — The Greenfield House, Inc, Tomah, WI
The Greenfield House, Inc
Entity: Subchapter S Corporation
Location: Tomah, WITweet This • Search All PPP Data
The Greenfield House, Inc is a subchapter s corporation located at 21444 Flatiron Ave in Tomah, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $46,300.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank First, N.A.
The Greenfield House, Inc in Tomah, WI received a Paycheck Protection Loan of $46,300 through Bank First, N.A., 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, The Greenfield House, Inc's 2019 payroll expenses are estimated to be at least $222,240.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,749 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Greenfield House, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,300
Business Information - The Greenfield House, Inc in Tomah, WI
21444 Flatiron Ave
Tomah, WI 54660
Nursing Care Facilities (Skilled Nursing Facilities)
NAICS code 623110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Tomah
In the Tomah area, 3 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 7) and received an average PPP loan of $94,313 (compared to this company's $46,300).
Similar Nearby Businesses Who Received PPP Funding:
New Day Afh, Inc
Close To Home, Inc
Industry PPP Comparison Statistics
Nationwide, 15,360 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $6.8B 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 60 employees, 757% higher than The Greenfield House, Inc's reported 7 employees, and received an average PPP loan of $442,944, 857% higher than this company's loan of $46,300.
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Footnotes & Information
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