PPP Loan Data — Lawn Hoppers, LLC, Shawnee, KS
Lawn Hoppers, LLC is a limited liability company (LLC) located at 6331 Woodland Dr in Shawnee, Kansas that received a Coronavirus-related PPP loan from the SBA of $25,415.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of Labor
Lawn Hoppers, LLC in Shawnee, KS received a Paycheck Protection Loan of $25,415 through Bank of Labor, which was approved in May, 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, Lawn Hoppers, LLC's 2019 payroll expenses are estimated to be at least $121,992.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,427 per employee1
Reported PPP Proceed Usage:
On the PPP application, Lawn Hoppers, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,415
Business Information - Lawn Hoppers, LLC in Shawnee, KS
6331 Woodland Dr
Shawnee, KS 66218
NAICS code 561730
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Shawnee
In the Shawnee area, 12 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 7) and received an average PPP loan of $62,285 (compared to this company's $25,415).
Similar Nearby Businesses Who Received PPP Funding:
4 T Total Lawn Inc
Lareau Landscape & Design
Green Lawn Inc
National Tree Service, LLC
Encore Turf Property Enhancements LLC
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 Lawn Hoppers, LLC's reported 7 employees, and received an average PPP loan of $43,486, 71% higher than this company's loan of $25,415.
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Footnotes & Information
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