PPP Loan Data — Traze, LLC, Egg Harbor, WI
Traze, LLC is a limited liability company (LLC) located at 4375 Hillside Road in Egg Harbor, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $24,812.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:State Bank of Chilton
Traze, LLC in Egg Harbor, WI received a Paycheck Protection Loan of $24,812 through State Bank of Chilton, 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 February, 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, Traze, LLC's 2019 payroll expenses are estimated to be at least $119,098.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $39,699 per employee1
Reported PPP Proceed Usage:
On the PPP application, Traze, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,812
Business Information - Traze, LLC in Egg Harbor, WI
4375 Hillside Road
Egg Harbor, WI 54209
RV (Recreational Vehicle) Parks and Campgrounds
NAICS code 721211
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Egg Harbor
In the Egg Harbor area, 4 businesses in the "RV (Recreational Vehicle) Parks and Campgrounds" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $25,528 (compared to this company's $24,812).
Similar Nearby Businesses Who Received PPP Funding:
Ten Mile, LLC
Egg Harbor, WI
Rustic Timbers Door County Camping LLC
Egg Harbor, WI
Brian Patten LLC
Egg Harbor, WI
Industry PPP Comparison Statistics
Nationwide, 3,752 businesses in the "RV (Recreational Vehicle) Parks and Campgrounds" industry received a total of $193.09M 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 9 employees, 200% higher than Traze, LLC's reported 3 employees, and received an average PPP loan of $51,462, 107% higher than this company's loan of $24,812.
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Footnotes & Information
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