PPP Loan Data — Jarriel Lawn, LLC, Darien, GA
Jarriel Lawn, LLC is a limited liability company (LLC) located at 1298 Tolomato Dr in Darien, Georgia that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Heritage Bank, A Division of
Jarriel Lawn, LLC in Darien, GA received a Paycheck Protection Loan of $25,100 through Heritage Bank, A Division of, 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 February, 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, Jarriel Lawn, LLC's 2019 payroll expenses are estimated to be at least $120,480.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,211 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jarriel Lawn, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,825
- Rent: $6,275
Business Information - Jarriel Lawn, LLC in Darien, GA
1298 Tolomato Dr
Darien, GA 31305
NAICS code 561730
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Darien
In the Darien area, 7 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 7) and received an average PPP loan of $22,370 (compared to this company's $25,100).
Similar Nearby Businesses Who Received PPP Funding:
R And R Cleanup, Inc
Next Level Landscape
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, 29% lower than Jarriel Lawn, LLC's reported 7 employees, and received an average PPP loan of $43,486, 73% higher than this company's loan of $25,100.
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Footnotes & Information
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