PPP Loan Data — Williamson Street Grocery Co-Op, Madison, WI
Williamson Street Grocery Co-Op
Entity: Non-profit Organization
Location: Madison, WITweet This • Search All PPP Data
Williamson Street Grocery Co-Op is a non-profit organization located at 1457 E Washington Ave in Madison, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,572,500.00 in April, 2020.
$ PPP Loan Information
Williamson Street Grocery Co-Op received a Paycheck Protection Loan of $2.57M through SUMMIT CU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Williamson Street Grocery Co-Op's total 2019 payroll expenses were approximately $12.35M in order to qualify for the PPP loan amount received.
Based on their reported 410 jobs retained, this equals an estimated average yearly compensation of $30,117 per employee1.
Business Information - Williamson Street Grocery Co-Op in Madison, WI
1457 E Washington Ave
Madison, WI 53703
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-02
Similar Companies near Madison
In the Madison area, 7 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 74 employees (compared to this company's 410) and received an average PPP loan of $447,696 (compared to this company's $2.57M).
Similar Nearby Businesses Who Received PPP Funding:
Sun Prairie Mini Mart LLC
Creative Grocery Concepts, Inc.
D'Espana Food LLC
Continuum Market & Sales LLC
Industry PPP Comparison Statistics
Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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 19 employees, 95% lower than Williamson Street Grocery Co-Op's reported 410 employees, and received an average PPP loan of $108,162, 96% lower than this company's loan of $2.57M.
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