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PPP Loan Data — Environmental Specialties International Inc,
Baton Rouge, LA
Environmental Specialties International Inc
Entity: Corporation
Industry: Environmental Consulting Services
Location: Baton Rouge, LA
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Environmental Specialties International Inc is a corporation located at 7943 Pecue Ln in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $1,417,570.00 in April, 2021.
The company has reported itself as a White male owned business, and employed at least 191 people during the applicable loan loan period.
$
PPP Loan Information
Loan #4194228809
Loan Size:
Jobs Retained:
191Loan Approved:
2021-04-15Loan Status:
Ongoing LoanLender:
Loan Source IncorporatedEnvironmental Specialties International Inc in Baton Rouge, LA received a Paycheck Protection Loan of $1.42M through Loan Source Incorporated, which was approved in April, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Environmental Specialties International Inc's 2019 payroll expenses are estimated to be at least $6.8M.
Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $35,625 per employee1
Reported PPP Proceed Usage:
On the PPP application, Environmental Specialties International Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,417,564
- Utilities: $1
Business Information - Environmental Specialties International Inc in Baton Rouge, LA
7943 Pecue Ln
Baton Rouge, LA 70809
Business Industry:
Environmental Consulting Services
NAICS code 541620
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Baton Rouge
In the Baton Rouge area, 16 businesses in the "Environmental Consulting Services" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 191) and received an average PPP loan of $427,425 (compared to this company's $1.42M).
Similar Nearby Businesses Who Received PPP Funding:
Baum Environmental Group
Baton Rouge, LA
Clean Water Consultants, LLC
Baton Rouge, LA
Air Environmental Services Inc. DBA Aes
Baton Rouge, LA
Cook Smith Inc
Baton Rouge, LA
John Pardue
Baton Rouge, LA
Kenneth Rust
Baton Rouge, LA
Eagle Environmental Services, Inc
Baton Rouge, LA
C-K Associates, LLC
Baton Rouge, LA
Industry PPP Comparison Statistics
Nationwide, 9,392 businesses in the "Environmental Consulting Services" industry received a total of $1.05B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 9 employees, 95% lower than Environmental Specialties International Inc's reported 191 employees, and received an average PPP loan of $111,426, 92% lower than this company's loan of $1.42M.
Environmental Specialties International, Inc
Entity: Corporation
Industry: Environmental Consulting Services
Location: Baton Rouge, LA
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•
Search All PPP Data
Environmental Specialties International, Inc is a corporation located at 7943 Pecue Lane in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $3,044,617.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 204 people during the applicable loan loan period.
$
PPP Loan Information
Loan #6594007107
Loan Size:
Jobs Retained:
204Loan Approved:
2020-04-14Loan Status:
Ongoing LoanLender:
Loan Source IncorporatedEnvironmental Specialties International, Inc in Baton Rouge, LA received a Paycheck Protection Loan of $3.04M through Loan Source Incorporated, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Environmental Specialties International, Inc's 2019 payroll expenses are estimated to be at least $14.61M.
Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $71,638 per employee1
Reported PPP Proceed Usage:
On the PPP application, Environmental Specialties International, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,044,617
Business Information - Environmental Specialties International, Inc in Baton Rouge, LA
7943 Pecue Lane
Baton Rouge, LA 70809
Business Industry:
Environmental Consulting Services
NAICS code 541620
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Demographics
Business Age: New Business or 2 years or less
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Baton Rouge
In the Baton Rouge area, 16 businesses in the "Environmental Consulting Services" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 204) and received an average PPP loan of $427,425 (compared to this company's $3.04M).
Similar Nearby Businesses Who Received PPP Funding:
Baum Environmental Group
Baton Rouge, LA
Clean Water Consultants, LLC
Baton Rouge, LA
Air Environmental Services Inc. DBA Aes
Baton Rouge, LA
Cook Smith Inc
Baton Rouge, LA
John Pardue
Baton Rouge, LA
Kenneth Rust
Baton Rouge, LA
Eagle Environmental Services, Inc
Baton Rouge, LA
C-K Associates, LLC
Baton Rouge, LA
Industry PPP Comparison Statistics
Nationwide, 9,392 businesses in the "Environmental Consulting Services" industry received a total of $1.05B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 9 employees, 96% lower than Environmental Specialties International, Inc's reported 204 employees, and received an average PPP loan of $111,426, 96% lower than this company's loan of $3.04M.
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. Estimations for informational purposes only. 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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