PPP Loan Data — Tassajara Landscaping And Maintenance LLC, Danville, CA
Tassajara Landscaping And Maintenance LLC is a limited liability company (LLC) located at 9000 Crow Canyon Road Suite #134 in Danville, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:MUFG Union Bank, National Association
Tassajara Landscaping And Maintenance LLC in Danville, CA received a Paycheck Protection Loan of $25,000 through MUFG Union 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 June, 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, Tassajara Landscaping And Maintenance LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tassajara Landscaping And Maintenance LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Tassajara Landscaping And Maintenance LLC in Danville, CA
9000 Crow Canyon Road Suite #134
Danville, CA 94506
NAICS code 561720
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Danville
In the Danville area, 7 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 6) and received an average PPP loan of $14,975 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Townsend & Styer Maintenance Co., LLC
Good Works Janitorial
Discovery Bay, CA
A & C Maintenance
Discovery Bay, CA
Industry PPP Comparison Statistics
Nationwide, 146,067 businesses in the "Janitorial Services" industry received a total of $4.43B 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, 17% lower than Tassajara Landscaping And Maintenance LLC's reported 6 employees, and received an average PPP loan of $30,311, 21% higher than this company's loan of $25,000.
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Footnotes & Information
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