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PPP Loan Data — Zilber LTD, Milwaukee, WI

SBA PPP loan data, payroll data, and salaries for Zilber LTD
WI

Zilber LTD

Entity: Corporation

Industry: New Housing For-Sale Builders

Location: Milwaukee, WI

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Zilber LTD is a corporation located at 710 N Plankinton Ave in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $5,034,250.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.03M

Jobs Retained:

269

Loan Approved:

2020-04-08

Lender:

BMO HARRIS BANK NATIONAL ASSOCIATION

Zilber LTD in Milwaukee, WI received a Paycheck Protection Loan of $5.03M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Zilber LTD's total 2019 payroll expenses were approximately $24.16M in order to qualify for the PPP loan amount received.

Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $89,830 per employee1.

Because the loan received by Zilber LTD is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Zilber LTD in Milwaukee, WI

Zilber LTD
710 N Plankinton Ave
Milwaukee, WI 53203

Business Industry

New Housing For-Sale Builders (NAICS code 236117)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WI-04

Industry PPP Comparison Statistics

Nationwide, 7,736 businesses in the "New Housing For-Sale Builders" industry received a total of $770,266,772.00 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 Zilber LTD's reported 269 employees, and received an average PPP loan of $99,569, 98% lower than this company's loan of $5.03M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/zilber-ltd-milwaukee-wi