PPP Loan Data — WTS Paradigm, LLC, Middleton, WI
WTS Paradigm, LLC is a limited liability company (LLC) located at 1850 Deming Way Ste 120 in Middleton, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,322,100.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST BUSINESS BANK
WTS Paradigm, LLC received a Paycheck Protection Loan of $3.32M through FIRST BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, WTS Paradigm, LLC's total 2019 payroll expenses were approximately $15.95M in order to qualify for the PPP loan amount received.
Based on their reported 189 jobs retained, this equals an estimated average yearly compensation of $84,371 per employee1.
Business Information - WTS Paradigm, LLC in Middleton, WI
1850 Deming Way Ste 120
Middleton, WI 53562
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-02
Similar Companies near Middleton
In the Middleton area, 5 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 189) and received an average PPP loan of $886,891 (compared to this company's $3.32M).
Similar Nearby Businesses Who Received PPP Funding:
Arch Group LLC
Soft Mill Productions, Inc.
Rapid Imaging Technologies LLC
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 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 11 employees, 94% lower than WTS Paradigm, LLC's reported 189 employees, and received an average PPP loan of $200,633, 94% lower than this company's loan of $3.32M.
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Footnotes & Information
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