PPP Loan Data — Patten Seed Company LLC, Lakeland, GA
Patten Seed Company LLC is a limited liability company (LLC) located at 23 S Valdosta Rd in Lakeland, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,917,900.00 in April, 2020.
$ PPP Loan Information
Patten Seed Company LLC received a Paycheck Protection Loan of $3.92M through AMERIS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Patten Seed Company LLC's total 2019 payroll expenses were approximately $18.81M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $94,030 per employee1.
Business Information - Patten Seed Company LLC in Lakeland, GA
23 S Valdosta Rd
Lakeland, GA 31635
Nursery and Tree Production (NAICS code 111421)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-08
Industry PPP Comparison Statistics
Nationwide, 3,010 businesses in the "Nursery and Tree Production" industry received a total of $426,483,038.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 18 employees, 91% lower than Patten Seed Company LLC's reported 200 employees, and received an average PPP loan of $141,689, 96% lower than this company's loan of $3.92M.
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Footnotes & Information
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