PPP Loan Data — Timber Creek Resource, LLC, Milwaukee, WI
Timber Creek Resource, LLC is a limited liability company (LLC) located at 5059 N 119th Street in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,015,875.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 301 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST BUSINESS BANK
Timber Creek Resource, LLC received a Paycheck Protection Loan of $3.02M through FIRST BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Timber Creek Resource, LLC's total 2019 payroll expenses were approximately $14.48M in order to qualify for the PPP loan amount received.
Based on their reported 301 jobs retained, this equals an estimated average yearly compensation of $48,094 per employee1.
Business Information - Timber Creek Resource, LLC in Milwaukee, WI
5059 N 119th Street
Milwaukee, WI 53225
Wood Container and Pallet Manufacturing (NAICS code 321920)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: WI-04
Similar Companies near Milwaukee
In the Milwaukee area, 2 businesses in the "Wood Container and Pallet Manufacturing" industry received a PPP loan. These local businesses reported an average of 182 employees (compared to this company's 301) and received an average PPP loan of $1,793,571 (compared to this company's $3.02M).
Similar Nearby Businesses Who Received PPP Funding:
Lemaster Group, LLC
Industry PPP Comparison Statistics
Nationwide, 1,453 businesses in the "Wood Container and Pallet Manufacturing" industry received a total of $297,273,810.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 92% lower than Timber Creek Resource, LLC's reported 301 employees, and received an average PPP loan of $204,593, 93% lower than this company's loan of $3.02M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!