PPP Loan Data — W. W. Transport, Inc., West Burlington, IA
W. W. Transport, Inc.
Entity: Subchapter S Corporation
Location: West Burlington, IATweet This • Search All PPP Data
W. W. Transport, Inc. is a subchapter s corporation located at 701 E. Mt. Pleasant St. in West Burlington, Iowa that received a Coronavirus-related PPP loan from the SBA of $6,299,520.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 451 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TWO RIVERS BANK & TRUST
W. W. Transport, Inc. received a Paycheck Protection Loan of $6.3M through TWO RIVERS BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, W. W. Transport, Inc.'s total 2019 payroll expenses were approximately $30.24M in order to qualify for the PPP loan amount received.
Based on their reported 451 jobs retained, this equals an estimated average yearly compensation of $67,046 per employee1.
Business Information - W. W. Transport, Inc. in West Burlington, IA
701 E. Mt. Pleasant St.
West Burlington, IA 52655
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: IA-02
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 99% lower than W. W. Transport, Inc.'s reported 451 employees, and received an average PPP loan of $80,292, 99% lower than this company's loan of $6.3M.
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