FederalPay.org
PPP Loan Data — The Greenery, Inc.,
Hilton Head Island, SC
The Greenery, Inc.
Entity: Subchapter S Corporation
Industry: Nursery, Garden Center, and Farm Supply Stores
Location: Hilton Head Island, SC
Tweet This
•
Search All PPP Data
The Greenery, Inc. is a subchapter s corporation located at 960 William Hilton Pkwy in Hilton Head Island, South Carolina that received a Coronavirus-related PPP loan from the SBA of $4,275,677.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 466 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
466Loan Approved:
2020-04-11Lender:
SOUTH STATE BANK, NATIONAL ASSOCIATIONThe Greenery, Inc. in Hilton Head Island, SC received a Paycheck Protection Loan of $4.28M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Greenery, Inc.'s total 2019 payroll expenses were approximately $20.52M in order to qualify for the PPP loan amount received.
Based on their reported 466 jobs retained, this equals an estimated average yearly compensation of $44,041 per employee1.
Business Information - The Greenery, Inc. in Hilton Head Island, SC
960 William Hilton Pkwy
Hilton Head Island, SC 29928
Business Industry
Nursery, Garden Center, and Farm Supply Stores (NAICS code 444220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: SC-01Industry PPP Comparison Statistics
Nationwide, 5,426 businesses in the "Nursery, Garden Center, and Farm Supply Stores" industry received a total of $604,698,392.00 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 14 employees, 97% lower than The Greenery, Inc.'s reported 466 employees, and received an average PPP loan of $111,445, 97% lower than this company's loan of $4.28M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!