PPP Loan Data — Daniel's Tree Service LLC, Rochester, NY
Daniel's Tree Service LLC is a limited liability company (LLC) located at 471 Trabold Road in Rochester, New York that received a Coronavirus-related PPP loan from the SBA of $41,700.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least four people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIVE STAR BANK
Daniel's Tree Service LLC received a Paycheck Protection Loan of $41,700 through FIVE STAR BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Daniel's Tree Service LLC's total 2019 payroll expenses were approximately $200,160 in order to qualify for the PPP loan amount received.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $50,040 per employee1.
Business Information - Daniel's Tree Service LLC in Rochester, NY
471 Trabold Road
Rochester, NY 14624
Landscaping Services (NAICS code 561730)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NY-25
Similar Companies near Rochester
In the Rochester area, 18 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 4) and received an average PPP loan of $286,714 (compared to this company's $41,700).
Similar Nearby Businesses Who Received PPP Funding:
Plant Designs Inc.
Zeke's Tw, LLC
JMF Landscaping LLC
Terry Tree Service, LLC
Ironwood Heavy Highway, LLC
Bills Topsoil Sand & Gravel, LLC
Westside Professional Landscape, Inc
Fairway Landscape Concepts, Inc.
Greencare Services, LLC
Industry PPP Comparison Statistics
Nationwide, 46,451 businesses in the "Landscaping Services" industry received a total of $3,497,785,424.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 9 employees, 125% higher than Daniel's Tree Service LLC's reported 4 employees, and received an average PPP loan of $75,301, 81% higher than this company's loan of $41,700.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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