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PPP Loan Data — Fort Worth Lawn Sprinkler Company,
Fort Worth, TX
Fort Worth Lawn Sprinkler Company
Entity: Corporation
Industry: Landscaping Services
Location: Fort Worth, TX
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Fort Worth Lawn Sprinkler Company is a corporation located at 5124 Vickery Blvd in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $292,400.00 in April, 2020.
The company has reported itself as a Hispanic male owned business, and employed at least 22 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
22Loan Approved:
2020-04-10Lender:
THE AMERICAN NATIONAL BANK OF TEXASFort Worth Lawn Sprinkler Company received a Paycheck Protection Loan of $292,400 through THE AMERICAN NATIONAL BANK OF TEXAS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fort Worth Lawn Sprinkler Company's total 2019 payroll expenses were approximately $1.4M in order to qualify for the PPP loan amount received.
Based on their reported 22 jobs retained, this equals an estimated average yearly compensation of $63,796 per employee1.
Business Information - Fort Worth Lawn Sprinkler Company in Fort Worth, TX
5124 Vickery Blvd
Fort Worth, TX 76107
Business Industry
Landscaping Services (NAICS code 561730)
Business Owner Demographics
Race / Ethnicity: HISPANIC
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: TX-12Similar Companies near Fort Worth
In the Fort Worth area, 10 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 22) and received an average PPP loan of $445,249 (compared to this company's $292,400).
Similar Nearby Businesses Who Received PPP Funding:
Morris Tree Service
Fort Worth, TX
Denmark Lawn, LLC
Fort Worth, TX
Seville Farms Inc.
Fort Worth, TX
Foliage Factory Landscape, Inc.
Fort Worth, TX
DFW Maintenance LLC
Fort Worth, TX
NDH Landscape LLC
Fort Worth, TX
Ftwarborist, LLC
Fort Worth, TX
Dietrich Bros Lawn Services LLC
Fort Worth, TX
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, 59% lower than Fort Worth Lawn Sprinkler Company's reported 22 employees, and received an average PPP loan of $75,301, 74% lower than this company's loan of $292,400.
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.
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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