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PPP Loan Data — R&B Roofing, LLC,
Garland, TX
R&B Roofing, LLC
Entity: Limited Liability Company (LLC)
Industry: Roofing Contractors
Location: Garland, TX
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R&B Roofing, LLC is a limited liability company (LLC) located at 2601 Wood Dr in Garland, Texas that received a Coronavirus-related PPP loan from the SBA of $2,746,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
173Loan Approved:
2020-04-12Lender:
PROSPERITY BANKR&B Roofing, LLC in Garland, TX received a Paycheck Protection Loan of $2.75M through PROSPERITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, R&B Roofing, LLC's total 2019 payroll expenses were approximately $13.18M in order to qualify for the PPP loan amount received.
Based on their reported 173 jobs retained, this equals an estimated average yearly compensation of $76,206 per employee1.
Business Information - R&B Roofing, LLC in Garland, TX
2601 Wood Dr
Garland, TX 75041
Business Industry
Roofing Contractors (NAICS code 238160)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-05Similar Companies near Garland
In the Garland area, 10 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 173) and received an average PPP loan of $404,612 (compared to this company's $2.75M).
Similar Nearby Businesses Who Received PPP Funding:
Big D Roofing Co, Inc.
Garland, TX
Garland Roofing Co., Inc.
Garland, TX
Allbright Services LLC
Garland, TX
Natalie I Dolberry
Garland, TX
Benchmark Roofing And Construction Inc
Garland, TX
ATF Roofing
Garland, TX
Scottie Ballantyne Roofing, Inc.
Garland, TX
Wyatt Cole Dolberry
Garland, TX
Sterling Roof Systems, Inc.
Garland, TX
Industry PPP Comparison Statistics
Nationwide, 13,327 businesses in the "Roofing Contractors" industry received a total of $1,896,438,811.00 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 12 employees, 93% lower than R&B Roofing, LLC's reported 173 employees, and received an average PPP loan of $142,301, 95% lower than this company's loan of $2.75M.
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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