There were 39 PPP loans issued in Wisconsin during the week ending June 28. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Forest County Potawatomi Community Wisconsin | 2020-06-22 | $1-2 million |
| Master Fleet, LLC | 2020-06-22 | $1-2 million |
| BC Adhesives, LLC | 2020-06-22 | $350,000-1 million |
| Glenn Hepfner, Inc. | 2020-06-22 | $350,000-1 million |
| Jahn & Sons, Inc. | 2020-06-22 | $350,000-1 million |
| Midway Manor Corporation | 2020-06-22 | $350,000-1 million |
| SRP Minnecorp | 2020-06-22 | $350,000-1 million |
| Willow Ridge Healthcare Facilities, LLC | 2020-06-22 | $350,000-1 million |
| General Teamsters Union Local 662 | 2020-06-22 | $150,000-350,000 |
| Nuglen, LLC | 2020-06-23 | $350,000-1 million |
| Alison Meudt, Ltd., D.D.S. | 2020-06-23 | $150,000-350,000 |
| Carniovras, Inc. | 2020-06-23 | $150,000-350,000 |
| Esmilco, Inc. | 2020-06-23 | $150,000-350,000 |
| Enerquip, LLC | 2020-06-24 | $350,000-1 million |
| Thiele Tanning Company | 2020-06-24 | $350,000-1 million |
| Lakeside Restaurant, Inc. | 2020-06-24 | $150,000-350,000 |
| Pat & Mike, Inc. | 2020-06-24 | $150,000-350,000 |
| RS Marketplace, LLC | 2020-06-24 | $150,000-350,000 |
| Two Dudes & a Chick, LLC | 2020-06-24 | $150,000-350,000 |
| Two Rods & a Reel, LLC | 2020-06-24 | $150,000-350,000 |
| Zens Manufacturing, Inc. | 2020-06-24 | $150,000-350,000 |
| New Glarus Home, Inc. | 2020-06-25 | $1-2 million |
| ABT Foundation Solutions, Inc. | 2020-06-25 | $350,000-1 million |
| Quinn David & Associates, LLC | 2020-06-25 | $350,000-1 million |
| The Mini Convenience, LLC | 2020-06-25 | $350,000-1 million |
| Charlie's Food Concessions | 2020-06-25 | $150,000-350,000 |
| Down to the Ground Complete, Inc. | 2020-06-25 | $150,000-350,000 |
| EAU Claire Truck & Trailer, Inc. | 2020-06-25 | $150,000-350,000 |
| Gene a Wagner Plumbing Company, Inc. | 2020-06-25 | $150,000-350,000 |
| Musetta Winery, LLC | 2020-06-25 | $150,000-350,000 |
| RNR Foods, LLC | 2020-06-25 | $150,000-350,000 |
| Zarnoth Brush Works, Inc. | 2020-06-25 | $150,000-350,000 |
| Helwig Carbon Products, Inc. | 2020-06-26 | $1-2 million |
| Chippewa Pharmacy, Inc. | 2020-06-26 | $350,000-1 million |
| Body Shop Supply Company, Inc. | 2020-06-26 | $150,000-350,000 |
| KGS Logistics, LLC | 2020-06-26 | $150,000-350,000 |
| Oium Asphalt Paving, Inc. | 2020-06-26 | $150,000-350,000 |
| Priority Home Care, Inc. | 2020-06-26 | $150,000-350,000 |
| Specialized Care Transport, Inc. | 2020-06-26 | $150,000-350,000 |
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