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PPP Loan Data — Gachina Landscape Management, Inc., Menlo Park, CA

SBA PPP loan data, payroll data, and salaries for Gachina Landscape Management, Inc.
CA

Gachina Landscape Management, Inc.

Entity: Sole Proprietorship

Industry: Landscape Architectural Services

Location: Menlo Park, CA

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Gachina Landscape Management, Inc. is a sole proprietorship located at 1130 O'brien Dr. in Menlo Park, California that received a Coronavirus-related PPP loan from the SBA of $3,711,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.71M

Jobs Retained:

421

Loan Approved:

2020-04-29

Lender:

MISSION BANK

Gachina Landscape Management, Inc. in Menlo Park, CA received a Paycheck Protection Loan of $3.71M through MISSION BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Gachina Landscape Management, Inc.'s total 2019 payroll expenses were approximately $17.81M in order to qualify for the PPP loan amount received.

Based on their reported 421 jobs retained, this equals an estimated average yearly compensation of $42,311 per employee1.

Because the loan received by Gachina Landscape Management, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Gachina Landscape Management, Inc. in Menlo Park, CA

Gachina Landscape Management, Inc.
1130 O'brien Dr.
Menlo Park, CA 94025

Business Industry

Landscape Architectural Services (NAICS code 541320)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-18

Similar Companies near Menlo Park

In the Menlo Park area, 3 businesses in the "Landscape Architectural Services" industry received a PPP loan. These local businesses reported an average of 149 employees (compared to this company's 421) and received an average PPP loan of $1,370,795 (compared to this company's $3.71M).

Industry PPP Comparison Statistics

Nationwide, 11,471 businesses in the "Landscape Architectural Services" industry received a total of $1,015,336,643.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 9 employees, 98% lower than Gachina Landscape Management, Inc.'s reported 421 employees, and received an average PPP loan of $88,513, 98% lower than this company's loan of $3.71M.

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.

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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Source: www.federalpay.org/paycheck-protection-program/gachina-landscape-management-inc-menlo-park-ca