PPP Loan Data — Verhalen, Inc., Green Bay, WI
Location: Green Bay, WITweet This • Search All PPP Data
Verhalen, Inc. is a corporation located at 500 Pilgrim Way in Green Bay, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $5,875,000.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Verhalen, Inc. received a Paycheck Protection Loan of $5.88M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Verhalen, Inc.'s total 2019 payroll expenses were approximately $28.2M in order to qualify for the PPP loan amount received.
Based on their reported 315 jobs retained, this equals an estimated average yearly compensation of $89,524 per employee1.
Business Information - Verhalen, Inc. in Green Bay, WI
500 Pilgrim Way
Green Bay, WI 54304
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (NAICS code 423310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-08
Similar Companies near Green Bay
In the Green Bay area, 2 businesses in the "Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 158 employees (compared to this company's 315) and received an average PPP loan of $4,875,600 (compared to this company's $5.88M).
Similar Nearby Businesses Who Received PPP Funding:
Green Bay, WI
Industry PPP Comparison Statistics
Nationwide, 4,016 businesses in the "Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers" industry received a total of $905,412,517.00 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 17 employees, 95% lower than Verhalen, Inc.'s reported 315 employees, and received an average PPP loan of $225,451, 96% lower than this company's loan of $5.88M.
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Footnotes & Information
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