The rules for PPP loans continue to evolve. Trump administration releases list of companies that received most money from small business bailout loans. Contact us with comments, questions or tips. It was approved for $5,606,000 on Feb. 17. During the second round of the federal Paycheck Protection Program, nearly 30,000 Wisconsin business owners received $1.67 billion as of May 1, according to the U.S. Small Business Administration. Broadwind Heavy Fabricators, Inc. Wisconsin … The Small Business Administration (SBA) and Treasury released Monday, July 6, the names of all organizations that received Paycheck Protection Program (PPP) forgivable loans of $150,000 or more. The PPP’s goal is to offer forgivable loans to smaller businesses, helping them to stay afloat and employees to maintain their jobs as the coronavirus puts the U.S. economy on hold. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. Here’s the full list of companies that received Paycheck Protection Program loans over $150,000. The PPP / Cares Act that was put in place to help business affected by Covid-19 The U.S. Treasury Department on Monday released the numbers for the businesses that received a PPP loan through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Nearly 30K Wisconsin companies get federal loan. The group of radio networks at … That was far above the total loan amount for all of 2019, when the SBA loaned out $564 million in Wisconsin. Wisconsin’s high PPP volume served over 43,000 small businesses. There is further data we’re working on for the loans under $150k however so check back in the future for that. 12 GAUGE CONSTRUCTION, LLC. Vos’ popcorn company received PPP loan of at least $150K . Assembly Speaker Robin Vos’ popcorn company received a loan of at least $150,000, one of thousands that went to Wisconsin businesses as part of a federal program to help companies retain employees amid the fallout from … A few more large corporations deserve recognition for voluntarily giving back their PPP loans, like US Auto Parts, who returned their $4 million loan. Our nation's small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. Bowing to pressure from critics over its handling of more than … Data from the U.S. Small Business Administration show that more than 2,200 contractors, architects, real estate firms and others received loans through the relief program after the COIVD-19 pandemic emerged earlier this … That investigation has already borne fruit. BizTimes Media broke down the SBA’s data to highlight southeast Wisconsin’s top 44 PPP loan recipients, all of which received loans between $5 million and $10 million. There are another 146,208 that received up to $150,000. Air Wisconsin Airlines, August Winter and Sons, Badger Mining Corporation, Bassett Inc, Broadwind Heavy Fabricators, Interior Installation Services, Jones … MADISON - The Legislature's budget committee agreed Wednesday to … Names of some PPP recipients released. The PPP program set a $10 million cap per loan, but the data show some business owners received dozens of loans through various subsidiaries or limited liability companies. The Justice Department charged two men in Rhode Island for allegedly seeking to fraudulently obtain over a half a million dollars in PPP loans. MILWAUKEE (SPECTRUM NEWS) — More than 85,000 Wisconsin companies and nonprofits received some sort of award from the Paycheck Protection Program. The Department of Justice has opened an investigation looking to ferret out companies that provided false information in order to receive PPP funds. Search a database of Wisconsin businesses that received loans through the Paycheck Protection Program, part of the federal aid in response to the coronavirus pandemic. Twin Disc, Telkonet, and Sonic Foundry receive a combined $11 million in misdirected federal loan program funding. Here are some of the large and small chain restaurant companies and franchise groups that received $5 million to $10 million in PPP loans: 99 … 1848 CONSTRUCTION, INC. 1901 INC. 1984 SYSTEMS, INC. 1ST BUSINESS SOLUTIONS, INC. 1ST SERVICE TITLE CLOSING, INC. During the second round of the federal Paycheck Protection Program, nearly 30,000 Wisconsin business owners received … In under two weeks, 43,395 small Wisconsin businesses received approval for a total $8.3 billion in relief. Related: BIG Companies Got Loans Meant For Real Small Businesses And It’s A Slap In The Face The Paycheck … This table shows the top 5 industries in Wisconsin by number of loans awarded, with average loan amounts and number of jobs reported. The tool below can be used to search all publicly released PPP recipients in WI. Vos’ popcorn company one of thousands of Wisconsin companies that received PPP loans July 7, 2020 Assembly Speaker Robin Vos’ popcorn company received a loan of at least $150,000, one of thousands that went to Wisconsin businesses as part of a federal program to help companies retain employees amid the fallout from COVID-19. Air Wisconsin LLC; TotalMed, Inc. August Winter & Sons, Inc. Kaukauna (Appleton area) Bassett Inc. Browse & Search CARES Act PPP Recipients. Wisconsin has a total of 191,901 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. We now know that at least 100 of these big companies that received Paycheck Protection Program loan funds are publicly-traded and they now have to pay those loans back. By Monday, 31,000 Wisconsin companies has received $7.2 billion worth of loans approved through the program, just seven business days after Wisconsin banks began taking applications. Home Industries Banking & Finance The Wisconsin companies that … Three publicly traded Wisconsin companies received millions of dollars in federal coronavirus relief loans that were supposed to go to small businesses, according to data compiled by the Washington Post. This table shows the top 5 industries in Wisconsin by number of loans awarded, with average loan amounts and number of jobs reported. Another 514 accepted loans of between $2 million and $5 million, including the Archdiocese of Milwaukee and Planned Parenthood of Wisconsin. Data on the 1.6 million loans for small businesses included in the program earlier this month show the average PPE amount per employee in Wisconsin was about $6,500. Filter the list or search for specific companies. The breadth of companies that accepted the loans is expansive, including … Nationally, the construction industry got the highest share of PPP loans. In total, Wisconsin business owners received nearly $10 billion through the program. Midwest Communications received the highest PPP loan in central Wisconsin. Massive companies applied for taxpayer-backed low-interest loans meant for small businesses. Wisconsin has about 12,355 small to medium size businesses that received PPP loans in … In Wisconsin, 12,355 businesses received more than $150,000 in PPP funds. Some Wisconsin businesses are getting a surprise: facing tens of thousands of dollars extra in taxes. Search Paycheck Protection Program loans given to Wisconsin businesses July 6, 2020 Search a database of Wisconsin businesses that received loans through the Paycheck Protection Program, part of the federal aid in response to the coronavirus pandemic. More than 1,600 businesses in the state received loans of at least $1 million. The woman, 72-year-old Geraldine Brimley, had applied for a PPP loan of about $9,300 through Radius Bank and received a little less $2,300. WisPolitics News Vos’ popcorn company received PPP loan of at least $150K. Milwaukee, Wisconsin 2020-12-11 16:35:49 – Posted by: Nate Beck, nbeck @ dailyreporter.com December 11, 2020 3:35 pm Wisconsin’s construction industry received approximately $ 1.3 billion from the Federal Paycheck Protection Program earlier this year, according to recently released federal data. Nonprofits, businesses receiving PPP could face surprise audits. A majority of Americans work for companies with fewer than 500 employees. 12-PAC. Federal agencies hadn’t fully written the rules before launching the … Wisconsin’s construction industry netted about $1.3 billion from the federal Paycheck Protection Program earlier this year, according to recently released federal data. See which Wisconsin companies received Paycheck Protection Program loans over $150k Which Big Companies Gave Their PPP Loans Back. Nonprofit and for-profit organizations that received Paycheck Protection Program loans could unexpectedly find themselves confronting the “single audit” requirement for the first time, even though PPP loans are supposedly exempt. More than 2,200 contractors, architects, and real estate companies … The government on Monday identified about 650,000 mostly small businesses and nonprofits that received taxpayer money through a … 101 TRANSPORT, INC. 10X MEDIA LLC. Nearly 30K Wisconsin companies get federal loan. Team Industries Inc/WBDFC; Manitowoc. The tool below can be used to search all publicly released PPP recipients in WI. Wisconsin businesses with ‘tax-free’ PPP loans get tax surprise. Wisconsin employers received more than 46,400 PPP loans valued at more at $8.3 billion, SBA regional director Robert Scott said in a Friday press conference. The following data was provided by the SBA & US Treasury Department showing a breakdown of all the companies who received loans over $150,000. July 7, 2020. Wisconsin Republicans approve cutting taxes for businesses that received PPP loans. Here’s A List of the Biggest Publicly Traded Companies That Got PPP Loans Meant For Real Small Businesses: Privately held restaurant chain Fogo de Chao had $317 million in revenue in 2017 and received $20 million in PPP loans. The chain has about 40 locations. Nearly … Some got $100, while others received … Wisconsin’s volume for the first round of PPP loans put our state in 14th place overall in the nation.