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PPP Loan Data — Trudell Holdings, Inc., De Pere, WI

SBA PPP loan data, payroll data, and salaries for Trudell Holdings, Inc.

Trudell Holdings, Inc.

Entity: Subchapter S Corporation

Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers

Location: De Pere, WI

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Trudell Holdings, Inc. is a subchapter s corporation located at 2049 Creamery Rd in De Pere, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,955,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Trudell Holdings, Inc. received a Paycheck Protection Loan of $3.96M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Trudell Holdings, Inc.'s total 2019 payroll expenses were approximately $18.98M in order to qualify for the PPP loan amount received.

Based on their reported 317 jobs retained, this equals an estimated average yearly compensation of $59,886 per employee1.

Because the loan received by Trudell Holdings, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Trudell Holdings, Inc. in De Pere, WI

Trudell Holdings, Inc.
2049 Creamery Rd
De Pere, WI 54115

Business Industry

Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers (NAICS code 423860)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-08

Industry PPP Comparison Statistics

Nationwide, 2,260 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a total of $288,357,851.00 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 9 employees, 97% lower than Trudell Holdings, Inc.'s reported 317 employees, and received an average PPP loan of $127,592, 97% lower than this company's loan of $3.96M.

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. ยง 552 (Freedom of Information Act) and 5 U.S.C. ยง 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. 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.

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** This Document Provided By - The Civil Employee's Resource **