PPP Loan Data — Trierweiler Construction & Supply Co., Inc., Marshfield, WI
Trierweiler Construction & Supply Co., Inc. is a subchapter s corporation located at 2916 S Cherry Ave in Marshfield, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,561,200.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Trierweiler Construction & Supply Co., Inc. in Marshfield, WI received a Paycheck Protection Loan of $2.56M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 105 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 123.
Based on standard PPP eligibility rules, Trierweiler Construction & Supply Co., Inc.'s total 2019 payroll expenses were approximately $12.29M (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Because the 105 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Business Information - Trierweiler Construction & Supply Co., Inc. in Marshfield, WI
2916 S Cherry Ave
Marshfield, WI 54449
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-07
Similar Companies near Marshfield
In the Marshfield area, 2 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 105) and received an average PPP loan of $1,369,600 (compared to this company's $2.56M).
Similar Nearby Businesses Who Received PPP Funding:
Rent-A-Flash Of Wisconsin, Inc.
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 75% lower than Trierweiler Construction & Supply Co., Inc.'s reported 105 employees, and received an average PPP loan of $405,656, 84% lower than this company's loan of $2.56M.
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Footnotes & Information
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