![]() ![]() In order to qualify for the PPP loan amount received, Lodi Tap House, LLC's 2019 payroll expenses are estimated to be at least $418,080. ![]() On the PPP application, Lodi Tap House LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Lodi Tap House LLC in Maple Park, ILįor Lodi Tap House, LLC, the calculation used to estimate payroll costs is shown below:īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Lodi Tap House LLC's 2019 payroll expenses are estimated to be at least $566,880.īased on their reported 10 jobs retained, this equals an estimated average yearly compensation of $56,688 per employee 1 Reported PPP Proceed Usage: Lodi Tap House is an Illinois-centric tap house that features all Illinois-made craft beer, mead, and wine and also offers an award winning menu featuring. Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above).
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