PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Triple P, Inc. DBA Peters Concrete Company & Peters Transit,, Green Bay, WI

SBA PPP loan data, payroll data, and salaries for Triple P, Inc. DBA Peters Concrete Company & Peters Transit,
WI

Triple P, Inc. DBA Peters Concrete Company & Peters Transit,

Entity: Corporation

Industry: Other Concrete Product Manufacturing

Location: Green Bay, WI

Search All PPP Data

Triple P, Inc. DBA Peters Concrete Company & Peters Transit, is a corporation located at 1516 Atkinson Dr in Green Bay, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $1,853,500.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 156 people during the applicable loan loan period.

$ PPP Loan Information
Loan #5425997007

Loan Size:

$1.85M

Jobs Retained:

156

Loan Approved:

2020-04-05

Loan Status:

Paid in Full or Forgiven

Lender:

Associated Bank, National Association

Triple P, Inc. DBA Peters Concrete Company & Peters Transit, in Green Bay, WI received a Paycheck Protection Loan of $1.85M through Associated Bank, National Association, 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 January, 2021.

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, Triple P, Inc. DBA Peters Concrete Company & Peters Transit,'s 2019 payroll expenses are estimated to be at least $8.9M.

Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $57,031 per employee1

Reported PPP Proceed Usage:

On the PPP application, Triple P, Inc. DBA Peters Concrete Company & Peters Transit, reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,853,500

Business Information - Triple P, Inc. DBA Peters Concrete Company & Peters Transit, in Green Bay, WI

Triple P, Inc. DBA Peters Concrete Company & Peters Transit,
1516 Atkinson Dr
Green Bay, WI 54303

Business Industry:
Other Concrete Product Manufacturing
NAICS code 327390

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Brown County, WI — SBA Office 0563 — Congressional District: WI-08

Industry PPP Comparison Statistics

Nationwide, 1,600 businesses in the "Other Concrete Product Manufacturing" industry received a total of $367.53M 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 22 employees, 86% lower than Triple P, Inc. DBA Peters Concrete Company & Peters Transit,'s reported 156 employees, and received an average PPP loan of $229,704, 88% lower than this company's loan of $1.85M.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/triple-p-inc-dba-peters-concrete-company-peters-transit-green-bay-wi