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PPP Loan Data — Evergreene Architectural Arts, Inc.,
Brooklyn, NY
Evergreene Architectural Arts, Inc.
Entity: Subchapter S Corporation
Industry: Commercial and Institutional Building Construction
Location: Brooklyn, NY
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Evergreene Architectural Arts, Inc. is a subchapter s corporation located at 253 36th Streetsuite 5c in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,500,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 173 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
173Loan Approved:
2020-04-28Lender:
NEW YORK COMMUNITY BANKEvergreene Architectural Arts, Inc. in Brooklyn, NY received a Paycheck Protection Loan of $2.5M through NEW YORK COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Evergreene Architectural Arts, Inc.'s total 2019 payroll expenses were approximately $12M in order to qualify for the PPP loan amount received.
Based on their reported 173 jobs retained, this equals an estimated average yearly compensation of $69,364 per employee1.
Business Information - Evergreene Architectural Arts, Inc. in Brooklyn, NY
253 36th Streetsuite 5c
Brooklyn, NY 11232
Business Industry
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: NY-07Similar Companies near Brooklyn
In the Brooklyn area, 25 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 173) and received an average PPP loan of $408,177 (compared to this company's $2.5M).
Similar Nearby Businesses Who Received PPP Funding:
H.L. General Contractors, Inc.
Brooklyn, NY
Arista Steel Designs Corp
Brooklyn, NY
Achille & Son Inc.
Brooklyn, NY
City-1 Maintenance Inc.
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CHS Services Group Inc.
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Triangle General Contractors Inc
Brooklyn, NY
Ombrellino Construction & Painting
Brooklyn, NY
Cheever Development Corp.
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Construction Services Of New York, Inc.
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Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 92% lower than Evergreene Architectural Arts, Inc.'s reported 173 employees, and received an average PPP loan of $203,235, 92% lower than this company's loan of $2.5M.
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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