PPP Loan Data — Gotham Greens Holdings, LLC, Brooklyn, NY
Gotham Greens Holdings, LLC is a limited liability company (LLC) located at 810 Humbolt St in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,146,200.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:BMO Harris Bank National Association
Gotham Greens Holdings, LLC in Brooklyn, NY received a Paycheck Protection Loan of $2.15M through BMO Harris Bank National Association, which was approved in April, 2020.
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, Gotham Greens Holdings, LLC's 2019 payroll expenses are estimated to be at least $10.3M.
Based on their reported 273 jobs retained, this equals an estimated average yearly compensation of $37,735 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gotham Greens Holdings, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,146,200
Business Information - Gotham Greens Holdings, LLC in Brooklyn, NY
810 Humbolt St
Brooklyn, NY 11222
Nursery and Tree Production
NAICS code 111421
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 4,979 businesses in the "Nursery and Tree Production" industry received a total of $531.73M 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 15 employees, 95% lower than Gotham Greens Holdings, LLC's reported 273 employees, and received an average PPP loan of $106,795, 95% lower than this company's loan of $2.15M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!