There were 20 PPP loans issued in Wisconsin during the week ending May 24. 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 |
|---|---|---|
| AK Hunt LLC, Ltd. | 2020-05-18 | $150,000-350,000 |
| Comfort Care Transit, LLC | 2020-05-18 | $150,000-350,000 |
| Primadata, LLC | 2020-05-18 | $150,000-350,000 |
| Villa Hope, Inc. | 2020-05-18 | $150,000-350,000 |
| Holistic Home Health Care, Inc. | 2020-05-19 | $350,000-1 million |
| Odana Dodge, Inc. | 2020-05-19 | $350,000-1 million |
| Hagen Decorators, Inc. | 2020-05-19 | $150,000-350,000 |
| Odana Subaru, LLC | 2020-05-20 | $350,000-1 million |
| Angel Homecare, LLC | 2020-05-20 | $150,000-350,000 |
| Integrity Wire EDM, Inc. | 2020-05-20 | $150,000-350,000 |
| Spirit of 76th Veterinary Clinic School | 2020-05-20 | $150,000-350,000 |
| Terraventure Advisors, LLC | 2020-05-20 | $150,000-350,000 |
| Waukesha Crane Crane Sales & Service, Inc. | 2020-05-20 | $150,000-350,000 |
| Hermle USA, Inc. | 2020-05-21 | $350,000-1 million |
| TNT Express, Inc. | 2020-05-21 | $350,000-1 million |
| Cheese Pleasers, Inc. | 2020-05-21 | $150,000-350,000 |
| Kids Forward, Inc. | 2020-05-21 | $150,000-350,000 |
| Alpha Personal Care Agency, LLC | 2020-05-22 | $150,000-350,000 |
| Ironman Delivery, Inc. | 2020-05-23 | $150,000-350,000 |
| Legacy Transit, LLC | 2020-05-23 | $150,000-350,000 |
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