Loan data for Wisconsin revealed as inflation rocks the country

By The Sconi

Nov 2, 2022

There were 65,308 small businesses in Wisconsin which received Paycheck Protection Loans (PPP) of $25,000 or under. These 65,308 businesses received $804,483,799 in total since the COVID-19 pandemic began, according to the U.S. Small Business Administration

Loans of $25,000 were provided to 275 businesses.

The largest loan underneath the $25,000 threshold was $25,000, given to Lynn Duncan Permanent Cosmetics, LLC.

The average loan amount provided to Wisconsin small businesses was $72,361.

One of the biggest drivers causing inflation, which is currently decimating the U.S. economy, is loans. With more money available to residents through the PPP, the purchasing power of that money is diminished, meaning it takes more money to buy the same amount of goods as before.

Economist Mickey D. Levy argued the PPP and many other assistance programs offered during the COVID-19 pandemic sparked the inflation seen in recent months by boosting the economy beyond what it could reasonably handle.

Roughly $800 billion was injected into the U.S. economy while interest rates were low, causing people to overextend themselves at the time to land in trouble in the future, he claimed.

A 2022 study found that the PPP spent between $169,000 and $258,000 to protect one job. With the average salary of a small-business worker being around $58,000, the study found the program overspent by roughly 75 percent.

Top 100 Wisconsin Businesses Which Received PPP Loans $25,000 or Lower

Borrower Name	Loan Amount	Difference From Average Loan Amount in WI
Lynn Duncan Permanent Cosmetics, LLC	$25,000	-$47,361
Casa Vallarta, LLC	$25,000	-$47,361
Medica International, Ltd.	$25,000	-$47,361
Wheels of Independence, Inc.	$25,000	-$47,361
Better Bookkeeping & Tax Service, LLC	$25,000	-$47,361
Intercare Solutions, LLC	$25,000	-$47,361
TJ Nails One, Inc.	$25,000	-$47,361
Hanna Consulting Group, Inc.	$25,000	-$47,361
Safeway Transportation, Inc.	$25,000	-$47,361
Safeway Transportation, Inc.	$25,000	-$47,361
Safeway Transportation, Inc.	$25,000	-$47,361
007 Nails Spa, LLC	$25,000	-$47,361
Executive Systems, Ltd.	$25,000	-$47,361
Pop Pop Digital, LLC	$25,000	-$47,361
Huepfel Dental Clinic	$25,000	-$47,361
Pepin Motel, LLC	$25,000	-$47,361
Buell Construction, LLC	$25,000	-$47,361
Pepper Pot Catering MKE, LLC	$25,000	-$47,361
Jacques Wealth Management, LLC	$25,000	-$47,361
Jewish Youth Foundation, Inc.	$25,000	-$47,361
AJG Construction, LLC	$25,000	-$47,361
Haazo Management, Inc.	$25,000	-$47,361
Mct's, LLC	$25,000	-$47,361
Skaliwags High Cotton Club, Ltd.	$25,000	-$47,361
Charles Self	$25,000	-$47,361
Eb Event Planning, LLC	$25,000	-$47,361
Ade Supports, Inc.	$25,000	-$47,361
Beauty Shot Medspa	$25,000	-$47,361
Integrity Installation Services, LLC	$25,000	-$47,361
Greiber Law School	$25,000	-$47,361
Holy Cathedral Church of God in Christ, Inc.	$25,000	-$47,361
Argonne Timber & Land, LLC	$25,000	-$47,361
Music Therapy Services of Central Wisconsin	$25,000	-$47,361
Walcare Adult Family Homes, Inc.	$25,000	-$47,361
Agent Risk Managers Insurance Agency, LLC	$25,000	-$47,361
Grice Adult Family Homes, LLC	$25,000	-$47,361
Lynn Duncan Permanent Cosmetics, LLC	$25,000	-$47,361
Madison FC, Inc.	$25,000	-$47,361
JMG Properties and Maintenance	$25,000	-$47,361
ADM Transportation, LLC	$25,000	-$47,361
Electrolysis & Laser Center, LLC	$25,000	-$47,361
Fimco Securities Group, Inc.	$25,000	-$47,361
EAU Claire Music, LLC	$25,000	-$47,361
Crimson Way Church	$25,000	-$47,361
Crazy Eight Automotive	$25,000	-$47,361
Tony's Transport & Service, Inc.	$25,000	-$47,361
Scott's Septic Pumping, LLC	$25,000	-$47,361
Sound Choice Imaging	$25,000	-$47,361
Physicians Billing Service, LLC	$25,000	-$47,361
Country Lane Farms	$25,000	-$47,361
Volk Farms, LLC	$25,000	-$47,361
TJ Nails One, Inc.	$25,000	-$47,361
Madison FC, Inc.	$25,000	-$47,361
Redline Manufacturing, LLC	$25,000	-$47,361
Sartoris Technologies, LLC	$25,000	-$47,361
New Life Surface Restoration, LLC	$25,000	-$47,361
Exclusively Miracle, LLC	$25,000	-$47,361
Dalles Auto Sales, Inc.	$25,000	-$47,361
Fimco Securities Group, Inc.	$25,000	-$47,361
Cvab, LLC	$25,000	-$47,361
Blades & Boards, LLC	$25,000	-$47,361
New Image Marketing, LLC	$25,000	-$47,361
New Image Marketing, LLC	$25,000	-$47,361
Michael Nicholson	$25,000	-$47,361
Blau-Himmel, LLC	$25,000	-$47,361
The Prometheus Principle S. C.	$25,000	-$47,361
Local Hospitality Group, LLC	$25,000	-$47,361
Badland Tree, LLC	$25,000	-$47,361
JMG Properties and Maintenance	$25,000	-$47,361
Ventura Development, Ltd.	$25,000	-$47,361
Barrel 41 Brewing Company, LLC	$25,000	-$47,361
Sussex Auto, Inc.	$25,000	-$47,361
AE Miller Marketing Group, Inc.	$25,000	-$47,361
Acme Electric and Machine, LLC	$25,000	-$47,361
Magellan Strait, Inc.	$25,000	-$47,361
St. James Episcopal Church	$25,000	-$47,361
St. James Episcopal Church	$25,000	-$47,361
St. James Episcopal Church	$25,000	-$47,361
Casey CFO Services, LLC	$25,000	-$47,361
Your Haven, LLC	$25,000	-$47,361
Preserve Design Studio, LLC	$25,000	-$47,361
Archer Auto Repair, LLC	$25,000	-$47,361
Midwest Twisters Events, LLC	$25,000	-$47,361
Rising Health Chiropractic Wellness	$25,000	-$47,361
Creative Children's Learning Center, LLC	$25,000	-$47,361
Integrity Interior Construction, LLC	$25,000	-$47,361
Bomiva, LLC	$25,000	-$47,361
Eclipse Contracting Incorporated	$25,000	-$47,361
JDB Industrial Machine Services, Inc.	$25,000	-$47,361
Cutting Edge Lawn Care & Snow Removal, LLC	$25,000	-$47,361
Twin ELM Family Farm, LLC	$25,000	-$47,361
Shay's Kingdom, LLC	$25,000	-$47,361
Eiche & Frakes School	$25,000	-$47,361
Ecep, LLC	$25,000	-$47,361
Ncon Communications, Inc., CORP	$25,000	-$47,361
Simply Love, LLC	$25,000	-$47,361
Sartoris Technologies, LLC	$25,000	-$47,361
AE Miller Marketing Group, Inc.	$25,000	-$47,361
H-Bar Service, Inc.	$25,000	-$47,361
Voss & Associates, LLC	$25,000	-$47,361