PPP Loan Data — Gowin Green Inc, Tulare, CA
Gowin Green Inc is a corporation located at 1920 W Prosperity Ave in Tulare, California that received a Coronavirus-related PPP loan from the SBA of $47,145.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of the Sierra
Gowin Green Inc in Tulare, CA received a Paycheck Protection Loan of $47,145 through Bank of the Sierra, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.
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, Gowin Green Inc's 2019 payroll expenses are estimated to be at least $226,296.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $28,287 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gowin Green Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,145
Business Information - Gowin Green Inc in Tulare, CA
1920 W Prosperity Ave
Tulare, CA 93274
NAICS code 561730
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tulare
In the Tulare area, 12 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 8) and received an average PPP loan of $77,085 (compared to this company's $47,145).
Similar Nearby Businesses Who Received PPP Funding:
Horticulture Solutions Incorporated
Evergreen Landscape & Sprinklers Inc
Evergreen Landscape And Sprinklers Inc
California Turf Equipment & Supply, Inc
True Greenscapes, Inc
Industry PPP Comparison Statistics
Nationwide, 138,585 businesses in the "Landscaping Services" industry received a total of $6.03B 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 5 employees, 38% lower than Gowin Green Inc's reported 8 employees, and received an average PPP loan of $43,486, 8% lower than this company's loan of $47,145.
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Footnotes & Information
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