PPP Loan Data — Season's Florist, Aliso Viejo, CA
Season's Florist is a sole proprietorship located at 26851 Aliso Creek Road Unit A in Aliso Viejo, California that received a Coronavirus-related PPP loan from the SBA of $25,090.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Wells Fargo Bank, National Association
Season's Florist in Aliso Viejo, CA received a Paycheck Protection Loan of $25,090 through Wells Fargo Bank, National Association, which was approved in May, 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 April, 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, Season's Florist's 2019 payroll expenses are estimated to be at least $120,432.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,072 per employee1
Reported PPP Proceed Usage:
On the PPP application, Season's Florist reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,090
Business Information - Season's Florist in Aliso Viejo, CA
26851 Aliso Creek Road Unit A
Aliso Viejo, CA 92656
NAICS code 453110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Aliso Viejo
In the Aliso Viejo area, 3 businesses in the "Florists" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 6) and received an average PPP loan of $19,197 (compared to this company's $25,090).
Similar Nearby Businesses Who Received PPP Funding:
Homes By Jacqueline
Aliso Viejo, CA
Aliso Viejo, CA
Industry PPP Comparison Statistics
Nationwide, 14,164 businesses in the "Florists" industry received a total of $379.04M 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 5 employees, 17% lower than Season's Florist's reported 6 employees, and received an average PPP loan of $26,761, 7% higher than this company's loan of $25,090.
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Footnotes & Information
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