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PPP Loan Data — Universal Environmental Services, LLC,
Peachtree City, GA
Universal Environmental Services, LLC
Entity: Limited Liability Company (LLC)
Industry: Petroleum Lubricating Oil and Grease Manufacturing
Location: Peachtree City, GA
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Universal Environmental Services, LLC is a limited liability company (LLC) located at 411 Dividend Dr in Peachtree City, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,379,157.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
270Loan Approved:
2020-04-08Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST COUniversal Environmental Services, LLC in Peachtree City, GA received a Paycheck Protection Loan of $4.38M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Universal Environmental Services, LLC's total 2019 payroll expenses were approximately $21.02M in order to qualify for the PPP loan amount received.
Based on their reported 270 jobs retained, this equals an estimated average yearly compensation of $77,852 per employee1.
Business Information - Universal Environmental Services, LLC in Peachtree City, GA
411 Dividend Dr
Peachtree City, GA 30269
Business Industry
Petroleum Lubricating Oil and Grease Manufacturing (NAICS code 324191)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-03Industry PPP Comparison Statistics
Nationwide, 275 businesses in the "Petroleum Lubricating Oil and Grease Manufacturing" industry received a total of $97,352,843.00 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 20 employees, 93% lower than Universal Environmental Services, LLC's reported 270 employees, and received an average PPP loan of $354,010, 92% lower than this company's loan of $4.38M.
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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