PPP Loan Data — Wisconsin Vision Associates, Inc, Burlington, WI
Wisconsin Vision Associates, Inc is a corporation located at 35263 W. State St in Burlington, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,654,500.00 in April, 2020.
$ PPP Loan Information
Lender:TOWN BANK, NATIONAL ASSOCIATION
Wisconsin Vision Associates, Inc in Burlington, WI received a Paycheck Protection Loan of $2.65M through TOWN BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wisconsin Vision Associates, Inc's total 2019 payroll expenses were approximately $12.74M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $50,966 per employee1.
Business Information - Wisconsin Vision Associates, Inc in Burlington, WI
35263 W. State St
Burlington, WI 53105
Offices of Optometrists (NAICS code 621320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-01
Similar Companies near Burlington
In the Burlington area, 2 businesses in the "Offices of Optometrists" industry received a PPP loan. These local businesses reported an average of 139 employees (compared to this company's 250) and received an average PPP loan of $1,473,700 (compared to this company's $2.65M).
Similar Nearby Businesses Who Received PPP Funding:
Family Vision Eye Care Clinics & Contact Lens Centers
Industry PPP Comparison Statistics
Nationwide, 16,785 businesses in the "Offices of Optometrists" industry received a total of $1,250,172,320.00 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 Wisconsin Vision Associates, Inc's reported 250 employees, and received an average PPP loan of $74,482, 97% lower than this company's loan of $2.65M.
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Footnotes & Information
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