PPP Loan Data — WB Manufacturing, LLC, Thorp, WI
WB Manufacturing, LLC is a limited liability company (LLC) located at 507 East Grant Street in Thorp, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,707,700.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
WB Manufacturing, LLC in Thorp, WI received a Paycheck Protection Loan of $2.71M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, WB Manufacturing, LLC's total 2019 payroll expenses were approximately $13M in order to qualify for the PPP loan amount received.
Based on their reported 229 jobs retained, this equals an estimated average yearly compensation of $56,755 per employee1.
Business Information - WB Manufacturing, LLC in Thorp, WI
507 East Grant Street
Thorp, WI 54771
Wood Office Furniture Manufacturing (NAICS code 337211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-07
Industry PPP Comparison Statistics
Nationwide, 424 businesses in the "Wood Office Furniture Manufacturing" industry received a total of $106,682,060.00 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 21 employees, 91% lower than WB Manufacturing, LLC's reported 229 employees, and received an average PPP loan of $251,609, 91% lower than this company's loan of $2.71M.
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Footnotes & Information
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