PPP Loan Data — Para La Naturaleza, Inc, San Juan, PR
Para La Naturaleza, Inc is a non-profit organization located at 155 Calle Tetuan in San Juan, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $1,900,600.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Banco Popular de Puerto Rico
Para La Naturaleza, Inc in San Juan, PR received a Paycheck Protection Loan of $1.9M through Banco Popular de Puerto Rico, 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, Para La Naturaleza, Inc's 2019 payroll expenses are estimated to be at least $9.12M.
Based on their reported 189 jobs retained, this equals an estimated average yearly compensation of $48,269 per employee1
Reported PPP Proceed Usage:
On the PPP application, Para La Naturaleza, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,900,600
Business Information - Para La Naturaleza, Inc in San Juan, PR
155 Calle Tetuan
San Juan, PR 901
Administration of Conservation Programs
NAICS code 924120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 373 businesses in the "Administration of Conservation Programs" industry received a total of $44.7M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 94% lower than Para La Naturaleza, Inc's reported 189 employees, and received an average PPP loan of $119,849, 94% lower than this company's loan of $1.9M.
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Footnotes & Information
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