PPP Loan Data — Hunter Environmental Winter Storm Services LLC, Walpole, MA
Hunter Environmental Winter Storm Services LLC is a limited liability company (LLC) located at 492 Lincoln Rd in Walpole, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $46,283.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Hunter Environmental Winter Storm Services LLC in Walpole, MA received a Paycheck Protection Loan of $46,283 through Eastern Bank, 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, Hunter Environmental Winter Storm Services LLC's 2019 payroll expenses are estimated to be at least $222,158.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $74,053 per employee1
Reported PPP Proceed Usage:
On the PPP application, Hunter Environmental Winter Storm Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,283
Business Information - Hunter Environmental Winter Storm Services LLC in Walpole, MA
492 Lincoln Rd
Walpole, MA 2081
NAICS code 561730
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Walpole
In the Walpole area, 23 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 3) and received an average PPP loan of $113,995 (compared to this company's $46,283).
Similar Nearby Businesses Who Received PPP Funding:
Natureworks Landscape Services Inc
Salvatore A Musto Landscaping And Construction Corp
Ian Brown Landscaping & Property Maintenance Inc
DT Landscape LLC
James Kelly And Sons,Inc
Paul Smith Landscaping LLC
Acres Of Green Landscape, 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, 67% higher than Hunter Environmental Winter Storm Services LLC's reported 3 employees, and received an average PPP loan of $43,486, 6% lower than this company's loan of $46,283.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!