PPP Loan Data — Wesco Turf, Inc., Sarasota, FL
Wesco Turf, Inc. is a subchapter s corporation located at 2101 Cantu Ct in Sarasota, Florida that received a Coronavirus-related PPP loan from the SBA of $2,455,700.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HOME BANK
Wesco Turf, Inc. in Sarasota, FL received a Paycheck Protection Loan of $2.46M through FIRST HOME BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wesco Turf, Inc.'s total 2019 payroll expenses were approximately $11.79M in order to qualify for the PPP loan amount received.
Based on their reported 151 jobs retained, this equals an estimated average yearly compensation of $78,062 per employee1.
Business Information - Wesco Turf, Inc. in Sarasota, FL
2101 Cantu Ct
Sarasota, FL 34232
Landscaping Services (NAICS code 561730)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-16
Similar Companies near Sarasota
In the Sarasota area, 35 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 151) and received an average PPP loan of $128,041 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
Affordable Palm Service Inc
Wilhelm Brothers Inc
Banyan Tree Landscape, LLC
Greentech Tree & Landscape Inc
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, 94% lower than Wesco Turf, Inc.'s reported 151 employees, and received an average PPP loan of $75,301, 97% lower than this company's loan of $2.46M.
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Footnotes & Information
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