PPP Loan Data — Zehm Cleaning Services LLC, Hammond, WI
Zehm Cleaning Services LLC is a limited liability company (LLC) located at 886 162nd St in Hammond, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $45,786.00 in January, 2021.
The company has reported itself as a male owned business, and employed at least eleven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Citizens State Bank
Zehm Cleaning Services LLC in Hammond, WI received a Paycheck Protection Loan of $45,786 through Citizens State Bank, which was approved in January, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Zehm Cleaning Services LLC's 2019 payroll expenses are estimated to be at least $219,773.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $19,979 per employee1
Reported PPP Proceed Usage:
On the PPP application, Zehm Cleaning Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,784
Business Information - Zehm Cleaning Services LLC in Hammond, WI
886 162nd St
Hammond, WI 54015
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Hammond
In the Hammond area, 18 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 11) and received an average PPP loan of $97,149 (compared to this company's $45,786).
Similar Nearby Businesses Who Received PPP Funding:
Blacktop Concepts Inc
St.croix Insulation, Inc
Joshua J Mannon DBA Jb Construction
ST. Croix Energy Solutions, Inc
Precision Seamless Gutters Inc
Performance Painting & Stain, LLC
Concrete Arts, Inc
ST. Croix Granite And Quartz LLC
Industry PPP Comparison Statistics
Nationwide, 93,400 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.04B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 27% lower than Zehm Cleaning Services LLC's reported 11 employees, and received an average PPP loan of $86,076, 88% higher than this company's loan of $45,786.
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Footnotes & Information
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