PPP Loan Data — Weed Warriors LLC, Jackson, MS
Weed Warriors LLC is a limited liability company (LLC) located at 1209 Pinehurst Pl in Jackson, Mississippi that received a Coronavirus-related PPP loan from the SBA of $46,800.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Weed Warriors LLC in Jackson, MS received a Paycheck Protection Loan of $46,800 through Renasant Bank, which was approved in April, 2020.
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, Weed Warriors LLC's 2019 payroll expenses are estimated to be at least $224,640.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,440 per employee1
Reported PPP Proceed Usage:
On the PPP application, Weed Warriors LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,800
Business Information - Weed Warriors LLC in Jackson, MS
1209 Pinehurst Pl
Jackson, MS 39202
NAICS code 561730
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Jackson
In the Jackson area, 11 businesses in the "Landscaping 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 $18,671 (compared to this company's $46,800).
Similar Nearby Businesses Who Received PPP Funding:
Lawn Solutions, Inc
Browns Lawn & Bush Hogging Service
Clarence Mays Jr
Revitalize Mississippi, Inc
Industry PPP Comparison Statistics
Nationwide, 138,585 businesses in the "Landscaping Services" industry received a total of $6.03B 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 Weed Warriors LLC's reported 6 employees, and received an average PPP loan of $43,486, 7% lower than this company's loan of $46,800.
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Footnotes & Information
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