Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ARPad95

(1,672 posts)
68. More detail on PPP "loan"
Sat Dec 25, 2021, 10:49 PM
Dec 2021
https://www.federalpay.org/paycheck-protection-program/winema-electric-inc-klamath-falls-or

Based 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, Winema Electric Inc's 2019 payroll expenses are estimated to be at least $2.11M.

Based on their reported 24 jobs retained, this equals an estimated average yearly compensation of $87,985 per employee1


For Winema Electric Inc, the calculation used to estimate payroll costs is shown below:

($439,923 / 2.5) * 12 = $2.11M




Hmmm, Jared Michael Schmeck works for his parents, Bill & Cindy (Roy) Schmeck, AKA the owners of Winema Electric, Inc. Do the math. Just between the 3 of them, they supposedly raked in at least ~$270,000 in 2019 ($87,985 x 3). I wonder how much of the $439,923 PPP "loan" they were paying themselves during the pandemic shutdown in 2020. Don't forget! The entire loan plus interest was completely forgiven 7 months after they received it.

Family of grifters!

Didn't take long for the internet to put together this timeline for Jared's wife, Amanda, who is quoted at the end:

After the [infamous] call, she took to Instagram to write, “My husband may or may not have just told joe and jill Biden ‘let’s go Brandon’ on the phone.”


https://conandaily.com/2021/12/25/amanda-schmeck-biography-10-things-about-central-point-oregon-woman/




Recommendations

0 members have recommended this reply (displayed in chronological order):

He's A Punk! ProfessorGAC Dec 2021 #1
He hasn't heard the end of that call, and "NEVER WILL" Stuart G Dec 2021 #2
downright llashram Dec 2021 #3
Id like to see multireeds Dec 2021 #4
I can see that... Bongo Prophet Dec 2021 #7
THIS durablend Dec 2021 #8
LIKE THAT Skittles Dec 2021 #84
Schmeck is a schmuck MustLoveBeagles Dec 2021 #5
My first thought, too. highplainsdem Dec 2021 #48
Dumbshit Diablo del sol Dec 2021 #6
A little research shows WA-03 Democrat Dec 2021 #9
When a company uses religion in its marketing, run the other way misanthrope Dec 2021 #12
That's what Rebl2 Dec 2021 #14
We have a plumbing company in our county called "Preacherman" Woodwizard Dec 2021 #34
Right-on advice mainer Dec 2021 #69
When you go from PD to an office admin job for a small company, you know his PD exit was atypical. TheBlackAdder Dec 2021 #16
The bully WA-03 Democrat Dec 2021 #20
Klamath Falls - lovely right-wing hub. Not that there aren't some fine people there, also. erronis Dec 2021 #26
I lived in Medford most of my life. FightingIrish Dec 2021 #33
There's a Christian electrician company??? CaptainTruth Dec 2021 #38
No. That it does...so they can make money for fixing it. Ferrets are Cool Dec 2021 #42
Thanks for the info. jeffreyi Dec 2021 #45
wouldn't surprise me if this company got some infrastructure bucks? bluestarone Dec 2021 #57
The Yelp website is shut down. panader0 Dec 2021 #66
bragging about being Christian, of course eShirl Dec 2021 #83
yes, hoping for notoriety Grasswire2 Dec 2021 #10
Yelp FelineOverlord Dec 2021 #11
NOT a christian anotherOKIE Dec 2021 #13
It isn't hard misanthrope Dec 2021 #15
Agree - Joe Biden is a real Christians- i would argue the most since Carter and even more devout WA-03 Democrat Dec 2021 #18
I hope we don't get into the "who is more devout" mode. Religion should not be part of rational erronis Dec 2021 #27
It's all double speak WA-03 Democrat Dec 2021 #30
In front of his children no less! gldstwmn Dec 2021 #43
Merry Christmas to you too, Jared Dirty Socialist Dec 2021 #17
Prank calls can work two ways dimwit. BSdetect Dec 2021 #19
Do not box your self in! WA-03 Democrat Dec 2021 #21
"Schmuck" is being EXTREMELY generous. GoCubsGo Dec 2021 #22
A Christmas miracle! I came here to ask if anybody had discovered who the individual was. Nt raccoon Dec 2021 #23
Thanks to a Deplorable Trying to Diminish Christmas because his guy lost so badly! Sane1 Dec 2021 #24
ProPublica PPP Loan Lookup ARPad95 Dec 2021 #25
Good research! Thank you! MLAA Dec 2021 #29
Going to look up the loan app WA-03 Democrat Dec 2021 #31
Well done! Good sleuthing. 🧐 Tanuki Dec 2021 #49
GREASY republican paws grabbing for government bucks Achilleaze Dec 2021 #59
so this dickhead's family business NJCher Dec 2021 #60
More detail on PPP "loan" ARPad95 Dec 2021 #68
Winema Electric Inc shut down their fb page tenderfoot Dec 2021 #71
grifters indeed NJCher Dec 2021 #72
Makes me angry, too. I think Jared got a little too smug thinking he and his parents had put one ARPad95 Dec 2021 #73
Does it really seem likely that a city the size of Klamath Falls would have an electrical niyad Dec 2021 #80
I think you misspelled his last name. AverageOldGuy Dec 2021 #28
Bummer the asshole won't get fired since it's a family business. MLAA Dec 2021 #32
Clicked on Contact on their website...it went to a URL error MLAA Dec 2021 #35
I was able to submit a review from their website. MLAA Dec 2021 #36
I did too. jeffreyi Dec 2021 #51
🙂 MLAA Dec 2021 #56
Last I checked, the website is now "private." jeffreyi Dec 2021 #77
I was surprised I was able to complete a review, I thought surely they would have shut it down MLAA Dec 2021 #78
He works for this company, which his father owns: George II Dec 2021 #37
Or more accurately... Zambero Dec 2021 #44
Hey jared that treasonous pig you voted for lost. The Jungle 1 Dec 2021 #39
Of course President Biden handled it with grace and aplomb. totodeinhere Dec 2021 #40
The poor thing disabled his social media. Paper tiger. gldstwmn Dec 2021 #41
Local paper on the Edgelord irisblue Dec 2021 #46
In other words, "I mean no disrespect but fuck Joe Biden"! Why would a man who trained.... George II Dec 2021 #52
His parents own the electric company. niyad Dec 2021 #79
"And now I am being attacked for utilizing my freedom of speech," ornotna Dec 2021 #53
You Know, Ma'am, As A General Rule The Magistrate Dec 2021 #61
The Edgelord smirk alone earned that Magistrate. irisblue Dec 2021 #67
The man sounds like a fool. He certainly made a national fool of himself, in any case greenjar_01 Dec 2021 #62
Let's start a new one: #LetsGoJared! George II Dec 2021 #47
He celebrates the birth of Christ by prank calling the President in front of his kids. SunSeeker Dec 2021 #50
Sure Don and Mel are a hard team to beat WA-03 Democrat Dec 2021 #54
Jared, the joke is on you, and it will be very dark humor. Sneederbunk Dec 2021 #55
There are many Pianos that already exist. Kids don't learn as much JI7 Dec 2021 #58
My favorite response so far. gldstwmn Dec 2021 #63
... BlackSkimmer Dec 2021 #64
That response did my heart good. Boomerproud Dec 2021 #70
Jared Schmuck shanti Dec 2021 #65
His kids will remember this Xmas forever. Demobrat Dec 2021 #74
This is what almost 5-year-old Jared's father was up to in 1991... ARPad95 Dec 2021 #75
A third-rate Grinch Blue Owl Dec 2021 #76
"Fuck you, but I meant that in a good way." Yeah, right. Poiuyt Dec 2021 #81
Interesting....schmeck has two meanings in Yiddish PlanetBev Dec 2021 #82
Twitter replies: Rhiannon12866 Dec 2021 #85
Latest Discussions»General Discussion»The guy who insulted Bide...»Reply #68