PPP Loan Data — Exterior Living LLC, Stamford, CT
Exterior Living LLC is a limited liability company (LLC) located at 76 Viaduct Rd in Stamford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $45,900.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least seven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First County Bank
Exterior Living LLC in Stamford, CT received a Paycheck Protection Loan of $45,900 through First County Bank, which was approved in May, 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
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 Living LLC's 2019 payroll expenses are estimated to be at least $220,320.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,474 per employee1
Reported PPP Proceed Usage:
On the PPP application, Exterior Living LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,900
Business Information - Exterior Living LLC in Stamford, CT
76 Viaduct Rd
Stamford, CT 6907
Landscape Architectural Services
NAICS code 541320
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Stamford
In the Stamford area, 4 businesses in the "Landscape Architectural Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 7) and received an average PPP loan of $93,175 (compared to this company's $45,900).
Similar Nearby Businesses Who Received PPP Funding:
Contour Landscaping Company, Incorporated
Maher And Greenwald, Inc
Industry PPP Comparison Statistics
Nationwide, 19,939 businesses in the "Landscape Architectural Services" industry received a total of $1.34B 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, 29% higher than Exterior Living LLC's reported 7 employees, and received an average PPP loan of $67,388, 47% higher than this company's loan of $45,900.
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Footnotes & Information
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