PPP Loan Data — Visu-Sewer, Inc., Pewaukee, WI
Visu-Sewer, Inc. is a subchapter s corporation located at W230n4855 Betker Dr in Pewaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,678,000.00 in April, 2020.
$ PPP Loan Information
Lender:TOWN BANK, NATIONAL ASSOCIATION
Visu-Sewer, Inc. in Pewaukee, WI received a Paycheck Protection Loan of $3.68M through TOWN BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Visu-Sewer, Inc.'s total 2019 payroll expenses were approximately $17.65M in order to qualify for the PPP loan amount received.
Based on their reported 230 jobs retained, this equals an estimated average yearly compensation of $76,758 per employee1.
Business Information - Visu-Sewer, Inc. in Pewaukee, WI
W230n4855 Betker Dr
Pewaukee, WI 53072
Other Services to Buildings and Dwellings (NAICS code 561790)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-05
Similar Companies near Pewaukee
In the Pewaukee area, 3 businesses in the "Other Services to Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 84 employees (compared to this company's 230) and received an average PPP loan of $1,287,267 (compared to this company's $3.68M).
Similar Nearby Businesses Who Received PPP Funding:
TMW Sales Inc
Badger State Restoration, LLC
Industry PPP Comparison Statistics
Nationwide, 13,475 businesses in the "Other Services to Buildings and Dwellings" industry received a total of $767,779,431.00 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 7 employees, 97% lower than Visu-Sewer, Inc.'s reported 230 employees, and received an average PPP loan of $56,978, 98% lower than this company's loan of $3.68M.
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, and is published unmodified, as provided by the SBA.
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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