PPP Loan Data — SB Enterprises, LTD, Boerne, TX
SB Enterprises, LTD is a limited liability partnership located at 147 Dodge Rd in Boerne, Texas that received a Coronavirus-related PPP loan from the SBA of $25,300.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Broadway National Bank
SB Enterprises, LTD in Boerne, TX received a Paycheck Protection Loan of $25,300 through Broadway 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, SB Enterprises, LTD's 2019 payroll expenses are estimated to be at least $121,440.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,349 per employee1
Reported PPP Proceed Usage:
On the PPP application, SB Enterprises, LTD reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,300
- Utilities: $3,000
- Rent: $3,000
Business Information - SB Enterprises, LTD in Boerne, TX
147 Dodge Rd
Boerne, TX 78006
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 Boerne
In the Boerne area, 20 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 7) and received an average PPP loan of $44,418 (compared to this company's $25,300).
Similar Nearby Businesses Who Received PPP Funding:
Maldonado Landscape Company
Price & Hutton Holdings, LLC
Crabtree Landscape, LLC
CPR Endeavors LLC
Boerne Lawn And Landscaping LLC
Jose Gerardo Barraza DBA Good Guys Landscape & Maintenan
Rios Tree Service Inc
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 SB Enterprises, LTD's reported 7 employees, and received an average PPP loan of $43,486, 72% higher than this company's loan of $25,300.
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Footnotes & Information
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