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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 Lane in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $3,044,617.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
204Loan Approved:
2020-04-14Lender:
BANCORPSOUTH BANKEnvironmental Specialties International, Inc in Baton Rouge, LA received a Paycheck Protection Loan of $3.04M through BANCORPSOUTH BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Environmental Specialties International, Inc's total 2019 payroll expenses were approximately $14.61M in order to qualify for the PPP loan amount received.
Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $71,638 per employee1.
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 / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: LA-06Similar Companies near Baton Rouge
In the Baton Rouge area, 9 businesses in the "Environmental Consulting Services" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 204) and received an average PPP loan of $553,529 (compared to this company's $3.04M).
Similar Nearby Businesses Who Received PPP Funding:
Baum Environmental Group Inc.
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Eagle Environmental Services, Inc.
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Outcome Based Solutions, Inc.
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Clean Water Consultants, LLC
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Independent DNA Consulting LLC
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Air Environmental Services Inc DBA Aes
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C-K Associates, LLC
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Industry PPP Comparison Statistics
Nationwide, 5,531 businesses in the "Environmental Consulting Services" industry received a total of $781,797,982.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
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 $141,348, 95% 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, and is published unmodified, as provided by the SBA.
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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