Wisconsin-based provider recordsdata for chapter 11 safety

Household-owned Sparhawk Trucking, a Wisconsin-based firm that the federal authorities says has 178 energy models, has filed for defense underneath chapter 11 of the federal chapter code.

The corporate, based mostly in Wisconsin Rapids, has been in enterprise since 1979, based on its web site.

There have been 4 separate filings within the federal chapter courtroom for the western district of Wisconsin protecting that many corporations working underneath the Sparhawk identify: Sparhawk Trucking, Sparhawk Truck and Trailer, Sparhawk LLC and Sparhawk Properties.

Sparhawk Trucking is the working firm that places automobiles on the highway. That’s the firm recognized at its web site. It is usually the corporate that the Federal Motor Service Security Administration reported as having 178 energy models.

Sparhawk’s web site says it has greater than 200 tractors, greater than its SAFER file, and greater than 1,000 trailers. Its listed providers embody each dry van and refrigerated transport.

Sparkhawk Trucking says the corporate’s belongings are lower than $50,000, however it has estimated liabilities of between $10 million and $50 million.

Within the submitting itemizing the biggest collectors, Paccar Components Fleet Service was by far the biggest creditor at Sparhawk Trucking, with money owed of $147,805.10. Cintas, an organization that gives varied enterprise gear akin to uniforms, was listed because the second largest creditor at $50,618.58.

Its estimated variety of collectors is between 50 and 99.

The listing of largest collectors for Sparhawk Trucking is the an identical listing of collectors for Sparhawk Truck and Trailer.

The opposite three Sparhawk-related corporations that filed for chapter 11 safety and their key numbers within the filings are as follows:

Sparhawk Truck and Trailer and Sparhawk Properties: each between 1-49 collectors, belongings of $1 million to $10 million, estimated liabilities of $10 million to $50 million. (The precise classes in chapter 11 filings for liabilities and belongings are $1 greater than the cutoff level. So the class is definitely $1,000,0001 in belongings or liabilities). Sparhawk’s Properties collectors with listed secured or partially secured liabilities have been two: Nekoosa Port Edwards State Financial institution of Nekoosa, Wisconsin for about $325,600, and WoodTrust Financial institution of Wisconsin Rapids for about $438,758.

Sparhawk LLC: 1-49 collectors, $1 million to $10 million in each belongings and liabilities. Sparhawk LLC listed only one creditor with the scale of the declare disclosed: a secured or partially secured declare to the North Central Utility of Wisconsin for $923,098.

An e mail despatched to Sparhawk by way of its on-line portal and a separate e mail despatched to its chapter legal professional listed within the submitting had not been responded to by publication time.