PPP Loan Data — Greentree Consulting Inc, Wilsonville, OR
Greentree Consulting Inc is a corporation located at 8655 Sw Citizens Dr in Wilsonville, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,472,300.00 in April, 2020. This business is a McDonalds franchise.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Live Oak Banking Company
Greentree Consulting Inc in Wilsonville, OR received a Paycheck Protection Loan of $2.47M through Live Oak Banking Company, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Greentree Consulting Inc's 2019 payroll expenses are estimated to be at least $11.87M.
Based on their reported 433 jobs retained, this equals an estimated average yearly compensation of $27,407 per employee1
Reported PPP Proceed Usage:
On the PPP application, Greentree Consulting Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,472,300
Business Information - Greentree Consulting Inc in Wilsonville, OR
8655 Sw Citizens Dr
Wilsonville, OR 97070
NAICS code 722513
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Wilsonville
In the Wilsonville area, 19 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 433) and received an average PPP loan of $233,718 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
OG Treats Corporation
Perfect Pizza Of Oregon Incorporated
Professional Management Resource Services LTD
Rumors Bar And Grill Inc
Elton Enterprises V Inc
JJ & S Inc
Industry PPP Comparison Statistics
Nationwide, 137,629 businesses in the "Limited-Service Restaurants" industry received a total of $13.9B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 95% lower than Greentree Consulting Inc's reported 433 employees, and received an average PPP loan of $100,980, 96% lower than this company's loan of $2.47M.
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Footnotes & Information
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