PPP Loan Data — Greenfield Management Services Inc, Fort Collins, CO
Greenfield Management Services Inc is a subchapter s corporation located at 802 West Drake Road, Ste 101 in Fort Collins, Colorado that received a Coronavirus-related PPP loan from the SBA of $1,621,626.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First National Bank of Omaha
Greenfield Management Services Inc in Fort Collins, CO received a Paycheck Protection Loan of $1.62M through First National Bank of Omaha, 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 June, 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, Greenfield Management Services Inc's 2019 payroll expenses are estimated to be at least $7.78M.
Based on their reported 222 jobs retained, this equals an estimated average yearly compensation of $35,062 per employee1
Reported PPP Proceed Usage:
On the PPP application, Greenfield Management Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,621,626
Business Information - Greenfield Management Services Inc in Fort Collins, CO
802 West Drake Road, Ste 101
Fort Collins, CO 80526
Continuing Care Retirement Communities
NAICS code 623311
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Fort Collins
In the Fort Collins area, 3 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 113 employees (compared to this company's 222) and received an average PPP loan of $824,660 (compared to this company's $1.62M).
Similar Nearby Businesses Who Received PPP Funding:
Columbine Commons Health & Rehab LLC
Fort Collins, CO
Front Range Geriatric Medicine LLC
Fort Collins, CO
Industry PPP Comparison Statistics
Nationwide, 2,718 businesses in the "Continuing Care Retirement Communities" industry received a total of $1.53B 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 77 employees, 65% lower than Greenfield Management Services Inc's reported 222 employees, and received an average PPP loan of $561,944, 65% lower than this company's loan of $1.62M.
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Footnotes & Information
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