PPP Loan Data — Winston Flowers Inc., Boston, MA
Winston Flowers Inc. is a corporation located at 160 Southampton St in Boston, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $3,000,000.00 in April, 2020.
$ PPP Loan Information
Winston Flowers Inc. in Boston, MA received a Paycheck Protection Loan of $3M through EASTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Winston Flowers Inc.'s total 2019 payroll expenses were approximately $14.4M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1.
Business Information - Winston Flowers Inc. in Boston, MA
160 Southampton St
Boston, MA 02118
Florists (NAICS code 453110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-07
Similar Companies near Boston
In the Boston area, 2 businesses in the "Florists" industry received a PPP loan. These local businesses reported an average of 120 employees (compared to this company's 240) and received an average PPP loan of $1,540,800 (compared to this company's $3M).
Similar Nearby Businesses Who Received PPP Funding:
Table & Tulip LLC
Industry PPP Comparison Statistics
Nationwide, 7,523 businesses in the "Florists" industry received a total of $227,080,923.00 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 5 employees, 98% lower than Winston Flowers Inc.'s reported 240 employees, and received an average PPP loan of $30,185, 99% lower than this company's loan of $3M.
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Footnotes & Information
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