PPP Loan Data — Greater Orlando Lawnscapes, Inc, Oviedo, FL
Greater Orlando Lawnscapes, Inc is a corporation located at 1006 Vernon Loop in Oviedo, Florida that received a Coronavirus-related PPP loan from the SBA of $25,146.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Greater Orlando Lawnscapes, Inc in Oviedo, FL received a Paycheck Protection Loan of $25,146 through Customers Bank, which was approved in May, 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, Greater Orlando Lawnscapes, Inc's 2019 payroll expenses are estimated to be at least $120,701.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,175 per employee1
Reported PPP Proceed Usage:
On the PPP application, Greater Orlando Lawnscapes, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,146
Business Information - Greater Orlando Lawnscapes, Inc in Oviedo, FL
1006 Vernon Loop
Oviedo, FL 32765
Landscape Architectural Services
NAICS code 541320
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Oviedo
In the Oviedo area, 10 businesses in the "Landscape Architectural Services" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 4) and received an average PPP loan of $101,684 (compared to this company's $25,146).
Similar Nearby Businesses Who Received PPP Funding:
Mills Design Group, Inc
Ken-Lin Landscaping Inc
Ultimate Image Land Care Inc
Honest Irrigation & Excavating LLC
Eastwood-Tuff Turf Of Central Fla Inc
Prestigious Landscaping, Inc
Garden Stone And Home, LLC
Industry PPP Comparison Statistics
Nationwide, 19,939 businesses in the "Landscape Architectural Services" industry received a total of $1.34B 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 9 employees, 125% higher than Greater Orlando Lawnscapes, Inc's reported 4 employees, and received an average PPP loan of $67,388, 168% higher than this company's loan of $25,146.
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Footnotes & Information
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