There were 49 PPP loans issued in Wisconsin during the week ending May 17. 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 |
---|---|---|
Trachte Building Systems, Inc. | 2020-05-11 | $2-5 million |
B. O. E. Entertainment | 2020-05-11 | $350,000-1 million |
Crowley Construction Corporation | 2020-05-11 | $150,000-350,000 |
Preferred Home Care, LLC | 2020-05-11 | $150,000-350,000 |
Red Hospitality, LLC | 2020-05-11 | $150,000-350,000 |
Revline, Inc. | 2020-05-11 | $150,000-350,000 |
The Country Plumber, Inc. | 2020-05-11 | $150,000-350,000 |
Vargo Tool & Die, Inc. | 2020-05-11 | $150,000-350,000 |
Wisconsin Fire Sprinkler Installation & Inspection, Inc. | 2020-05-11 | $150,000-350,000 |
DE Pere Cabinet, Inc. | 2020-05-12 | $1-2 million |
Hoheisel Painting & Decorating Incorporated | 2020-05-12 | $150,000-350,000 |
Republic Associates of Wisconsin, Inc. | 2020-05-12 | $150,000-350,000 |
Sekara, LLC | 2020-05-12 | $150,000-350,000 |
TSI Power Corporation | 2020-05-12 | $150,000-350,000 |
Don Miller, Inc. | 2020-05-13 | $2-5 million |
Lac Du Flambeau Band of Lake Superior Chippewa Indians | 2020-05-13 | $2-5 million |
Specht Electric Company, Inc. | 2020-05-13 | $350,000-1 million |
Advanced Light & Sound, LLC | 2020-05-13 | $150,000-350,000 |
Azul Tequila, Inc. | 2020-05-13 | $150,000-350,000 |
BV/mstar Caledonia Tenant, LLC | 2020-05-13 | $150,000-350,000 |
Kohel Drywall, LLC | 2020-05-13 | $150,000-350,000 |
MQH Home Healthcare, LLC | 2020-05-13 | $150,000-350,000 |
Northern Lakes Amusement | 2020-05-13 | $150,000-350,000 |
Rebelsparis, LLC | 2020-05-13 | $150,000-350,000 |
RTS Roofing, Inc. | 2020-05-13 | $150,000-350,000 |
Tennessen & Associates, Inc. | 2020-05-13 | $150,000-350,000 |
Valley Drafting, Inc. | 2020-05-13 | $150,000-350,000 |
E80 Holdings, Inc. | 2020-05-14 | $1-2 million |
Badgerland Metal Building Erectors, Inc. | 2020-05-14 | $350,000-1 million |
Clear Water Home Care, LLC | 2020-05-14 | $150,000-350,000 |
Evergreen Elementary, Inc. | 2020-05-14 | $150,000-350,000 |
Mayville Limestone, Inc. | 2020-05-14 | $150,000-350,000 |
Preschool of the ARTS, Inc. | 2020-05-14 | $150,000-350,000 |
Sosiab Care, Inc. | 2020-05-14 | $150,000-350,000 |
Bethany Lutheran Homes, Inc. | 2020-05-15 | $1-2 million |
Gammex, Inc. | 2020-05-15 | $1-2 million |
Hermann Automotive, LLC | 2020-05-15 | $1-2 million |
Advance Industrial Machine, a Wisconsin Limited Partnership | 2020-05-15 | $350,000-1 million |
Lowe Manufacturing Company, Inc. | 2020-05-15 | $350,000-1 million |
Schmelzer Paint Company, Inc. | 2020-05-15 | $350,000-1 million |
St. Mary's Congregation | 2020-05-15 | $350,000-1 million |
Amato Collision Center, Inc. | 2020-05-15 | $150,000-350,000 |
CSL EAU Claire, LLC | 2020-05-15 | $150,000-350,000 |
GH Midtown, Inc. | 2020-05-15 | $150,000-350,000 |
Lee's Log Cabin Restaurant | 2020-05-15 | $150,000-350,000 |
Midwest Sheet Metal & Fabrication, a Wisconsin Limited Partnership | 2020-05-15 | $150,000-350,000 |
Permay Prototypes and Composites, Inc. | 2020-05-15 | $150,000-350,000 |
Pro Industrial Controls, Inc. | 2020-05-15 | $150,000-350,000 |
BSW Electric, LLC | 2020-05-16 | $150,000-350,000 |