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PPP Loan Data — Foliage Factory Landscape, Inc., Fort Worth, TX

SBA PPP loan data, payroll data, and salaries for Foliage Factory Landscape, Inc.
TX

Foliage Factory Landscape, Inc.

Entity: Subchapter S Corporation

Industry: Landscaping Services

Location: Fort Worth, TX

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Foliage Factory Landscape, Inc. is a subchapter s corporation located at 10724 White Settlement Rd in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $367,816.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$367,816

Jobs Retained:

45

Loan Approved:

2020-05-01

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Foliage Factory Landscape, Inc. received a Paycheck Protection Loan of $367,816 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Foliage Factory Landscape, Inc.'s total 2019 payroll expenses were approximately $1.77M in order to qualify for the PPP loan amount received.

Based on their reported 45 jobs retained, this equals an estimated average yearly compensation of $39,234 per employee1.

Business Information - Foliage Factory Landscape, Inc. in Fort Worth, TX

Foliage Factory Landscape, Inc.
10724 White Settlement Rd
Fort Worth, TX 76108

Business Industry

Landscaping Services (NAICS code 561730)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-12

Similar Companies near Fort Worth

In the Fort Worth area, 22 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 45) and received an average PPP loan of $228,178 (compared to this company's $367,816).

Industry PPP Comparison Statistics

Nationwide, 46,451 businesses in the "Landscaping Services" industry received a total of $3,497,785,424.00 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 9 employees, 80% lower than Foliage Factory Landscape, Inc.'s reported 45 employees, and received an average PPP loan of $75,301, 80% lower than this company's loan of $367,816.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/foliage-factory-landscape-inc-fort-worth-tx