PPP Loan Data — Exterior Expressions, LLC, Pasadena, MD
Exterior Expressions, LLC is a corporation located at 4108 R Mountain Road in Pasadena, Maryland that received a Coronavirus-related PPP loan from the SBA of $46,942.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Manufacturers and Traders Trust Company
Exterior Expressions, LLC in Pasadena, MD received a Paycheck Protection Loan of $46,942 through Manufacturers and Traders Trust Company, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based 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, Exterior Expressions, LLC's 2019 payroll expenses are estimated to be at least $225,322.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,554 per employee1
Reported PPP Proceed Usage:
On the PPP application, Exterior Expressions, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $35,204
- Utilities: $2,379
- Mortgage Interest: $6,186
- Rent: $3,173
Business Information - Exterior Expressions, LLC in Pasadena, MD
4108 R Mountain Road
Pasadena, MD 21122
NAICS code 561730
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Pasadena
In the Pasadena area, 20 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 6) and received an average PPP loan of $47,062 (compared to this company's $46,942).
Similar Nearby Businesses Who Received PPP Funding:
Owen Lawn & Landscaping Inc
4 Season Land Care LLC
Elite Environmental LLC
Couch Cut Tree Experts, Inc
Clauss Feed &. Farm Supplies Inc
Nationwide Tree Service, LLC
Lake Shore, MD
Couch Cut Lawn Service, Inc
Industry PPP Comparison Statistics
Nationwide, 138,585 businesses in the "Landscaping Services" industry received a total of $6.03B 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 5 employees, 17% lower than Exterior Expressions, LLC's reported 6 employees, and received an average PPP loan of $43,486, 7% lower than this company's loan of $46,942.
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Footnotes & Information
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