PPP Loan Data — Tundraland Home Improvements LLC, Kaukauna, WI
Tundraland Home Improvements LLC is a limited liability company (LLC) located at N2277 Frontage Rd W in Kaukauna, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,026,180.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:U.S. Bank, National Association
Tundraland Home Improvements LLC in Kaukauna, WI received a Paycheck Protection Loan of $2.03M through U.S. Bank, National Association, which was approved in April, 2020.
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, Tundraland Home Improvements LLC's 2019 payroll expenses are estimated to be at least $9.73M.
Based on their reported 231 jobs retained, this equals an estimated average yearly compensation of $42,102 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tundraland Home Improvements LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,026,180
Business Information - Tundraland Home Improvements LLC in Kaukauna, WI
N2277 Frontage Rd W
Kaukauna, WI 54130
NAICS code 236118
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Kaukauna
In the Kaukauna area, 13 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 231) and received an average PPP loan of $205,845 (compared to this company's $2.03M).
Similar Nearby Businesses Who Received PPP Funding:
Stark Construction Inc
Creative Home Technologies LLC
Michael D Smith
Zirbel Masonry, LLC
Midwest Quality Construction Inc
Badger Construction LLC
Ninedorf Remodeling & Home Services, LLC
3-G Construction Services, LLC
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 99% lower than Tundraland Home Improvements LLC's reported 231 employees, and received an average PPP loan of $30,405, 98% lower than this company's loan of $2.03M.
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Footnotes & Information
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