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PPP Loan Data — Wilhelm, LLC,
Athens, GA
Wilhelm, LLC
Entity: Limited Liability Company (LLC)
Industry: Site Preparation Contractors
Location: Athens, GA
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Wilhelm, LLC is a limited liability company (LLC) located at 573 Hawthorne Ave in Athens, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,470,512.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
300Loan Approved:
2020-04-07Lender:
BANKSOUTHWilhelm, LLC in Athens, GA received a Paycheck Protection Loan of $3.47M through BANKSOUTH, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wilhelm, LLC's total 2019 payroll expenses were approximately $16.66M in order to qualify for the PPP loan amount received.
Based on their reported 300 jobs retained, this equals an estimated average yearly compensation of $55,528 per employee1.
Business Information - Wilhelm, LLC in Athens, GA
573 Hawthorne Ave
Athens, GA 30606
Business Industry
Site Preparation Contractors (NAICS code 238910)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-10Similar Companies near Athens
In the Athens area, 2 businesses in the "Site Preparation Contractors" industry received a PPP loan. These local businesses reported an average of 173 employees (compared to this company's 300) and received an average PPP loan of $2,064,266 (compared to this company's $3.47M).
Similar Nearby Businesses Who Received PPP Funding:
MLU Services, Inc.
Athens, GA
Industry PPP Comparison Statistics
Nationwide, 17,653 businesses in the "Site Preparation Contractors" industry received a total of $2,959,828,729.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 96% lower than Wilhelm, LLC's reported 300 employees, and received an average PPP loan of $167,667, 95% lower than this company's loan of $3.47M.
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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