PPP Loan Data — Greenbuild Construction Management Svc Inc, Schenectady, NY
Greenbuild Construction Management Svc Inc is a corporation located at 191 Rotterdam St in Schenectady, New York that received a Coronavirus-related PPP loan from the SBA of $25,482.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First National Bank of Scotia
Greenbuild Construction Management Svc Inc in Schenectady, NY received a Paycheck Protection Loan of $25,482 through First National Bank of Scotia, 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, Greenbuild Construction Management Svc Inc's 2019 payroll expenses are estimated to be at least $122,314.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,386 per employee1
Reported PPP Proceed Usage:
On the PPP application, Greenbuild Construction Management Svc Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,482
Business Information - Greenbuild Construction Management Svc Inc in Schenectady, NY
191 Rotterdam St
Schenectady, NY 12306
NAICS code 236118
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Schenectady
In the Schenectady area, 16 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 6) and received an average PPP loan of $29,972 (compared to this company's $25,482).
Similar Nearby Businesses Who Received PPP Funding:
Partners In Remodeling Inc
Esposito & Co
Donald R Reutter
Marottas Lawn & Property Maintenance, LLC
Lorenzo And Ezekiel LLC
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B 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 3 employees, 50% lower than Greenbuild Construction Management Svc Inc's reported 6 employees, and received an average PPP loan of $30,405, 19% higher than this company's loan of $25,482.
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Footnotes & Information
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