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PPP Loan Data — Sebert Landscaping,
Bartlett, IL
Sebert Landscaping
Entity: Limited Liability Company (LLC)
Industry: Landscaping Services
Location: Bartlett, IL
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Sebert Landscaping is a limited liability company (LLC) located at 1550 W Bartlett Rd in Bartlett, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,442,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 274 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
274Loan Approved:
2020-04-11Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONSebert Landscaping in Bartlett, IL received a Paycheck Protection Loan of $3.44M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sebert Landscaping's total 2019 payroll expenses were approximately $16.52M in order to qualify for the PPP loan amount received.
Based on their reported 274 jobs retained, this equals an estimated average yearly compensation of $60,298 per employee1.
Business Information - Sebert Landscaping in Bartlett, IL
1550 W Bartlett Rd
Bartlett, IL 60103
Business Industry
Landscaping Services (NAICS code 561730)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: IL-06Similar Companies near Bartlett
In the Bartlett area, 6 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 274) and received an average PPP loan of $618,955 (compared to this company's $3.44M).
Similar Nearby Businesses Who Received PPP Funding:
Executive Landscape, Inc.
Algonquin, IL
Bills Landscaping Const Corp
Bartlett, IL
JBS Professional Tree Care Inc
Algonquin, IL
Rock Enterprises And Services, Inc
Algonquin, IL
Mark 1 Landscape, Inc.
Bartlett, IL
Industry PPP Comparison Statistics
Nationwide, 46,451 businesses in the "Landscaping Services" industry received a total of $3,497,785,424.00 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 9 employees, 97% lower than Sebert Landscaping's reported 274 employees, and received an average PPP loan of $75,301, 98% lower than this company's loan of $3.44M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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