PPP Loan Data — Woodland Enterprises Inc, Jupiter, FL
Woodland Enterprises Inc
Location: Jupiter, FLTweet This • Search All PPP Data
Woodland Enterprises Inc is a corporation located at 15592 Jupiter Farms Road in Jupiter, Florida that received a Coronavirus-related PPP loan from the SBA of $46,530.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Wells Fargo Bank, National Association
Woodland Enterprises Inc in Jupiter, FL received a Paycheck Protection Loan of $46,530 through Wells Fargo Bank, National Association, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, Woodland Enterprises Inc's 2019 payroll expenses are estimated to be at least $223,344.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $74,448 per employee1
Reported PPP Proceed Usage:
On the PPP application, Woodland Enterprises Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,530
Business Information - Woodland Enterprises Inc in Jupiter, FL
15592 Jupiter Farms Road
Jupiter, FL 33478
New Single-Family Housing Construction (except For-Sale Builders)
NAICS code 236115
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Jupiter
In the Jupiter area, 12 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $45,666 (compared to this company's $46,530).
Similar Nearby Businesses Who Received PPP Funding:
Ashley Residential Services Inc
Solid Concepts, LLC
Callaway Concrete Pumping LLC
Twin City Builders Inc
Deddens Construction Inc
MGM Shell Contractors Inc
Don Tarca Sr LLC
A Panebianco Jr Inc
Industry PPP Comparison Statistics
Nationwide, 127,156 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $5.75B 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, 67% higher than Woodland Enterprises Inc's reported 3 employees, and received an average PPP loan of $45,182, 3% lower than this company's loan of $46,530.
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