PPP Loan Data — Hunter Landscape, Inc, Placentia, CA
Hunter Landscape, Inc is a corporation located at 711 Fee Ana St in Placentia, California that received a Coronavirus-related PPP loan from the SBA of $2,283,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 280 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:City National Bank
Hunter Landscape, Inc in Placentia, CA received a Paycheck Protection Loan of $2.28M through City National 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 Landscape, Inc's 2019 payroll expenses are estimated to be at least $10.96M.
Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $39,149 per employee1
Reported PPP Proceed Usage:
On the PPP application, Hunter Landscape, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,283,700
Business Information - Hunter Landscape, Inc in Placentia, CA
711 Fee Ana St
Placentia, CA 92870
NAICS code 561720
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: Y
Rural / Urban: Urban
Similar Companies near Placentia
In the Placentia area, 15 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 280) and received an average PPP loan of $264,853 (compared to this company's $2.28M).
Similar Nearby Businesses Who Received PPP Funding:
South Bay Maids Enterprises, Inc. DBA You've Got Maids Of So
Excel Window Cleaning Inc
Western General Painting, Inc
3Rios Pacific, Inc
Hunter Environmental Services, Inc
Mike Harris Enterprises Inc
Industry PPP Comparison Statistics
Nationwide, 146,067 businesses in the "Janitorial Services" industry received a total of $4.43B 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, 98% lower than Hunter Landscape, Inc's reported 280 employees, and received an average PPP loan of $30,311, 99% lower than this company's loan of $2.28M.
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Footnotes & Information
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