PPP Loan Data — R W Warner Inc, Frederick, MD
R W Warner Inc
Location: Frederick, MDTweet This • Search All PPP Data
R W Warner Inc is a corporation located at 207 Monroe Ave in Frederick, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,329,040.00 in April, 2020.
$ PPP Loan Information
Lender:SANDY SPRING BANK
R W Warner Inc in Frederick, MD received a Paycheck Protection Loan of $3.33M through SANDY SPRING BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, R W Warner Inc's total 2019 payroll expenses were approximately $15.98M in order to qualify for the PPP loan amount received.
Based on their reported 230 jobs retained, this equals an estimated average yearly compensation of $69,476 per employee1.
Business Information - R W Warner Inc in Frederick, MD
207 Monroe Ave
Frederick, MD 21701
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-06
Similar Companies near Frederick
In the Frederick area, 11 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 230) and received an average PPP loan of $479,508 (compared to this company's $3.33M).
Similar Nearby Businesses Who Received PPP Funding:
Frederick Air, Inc.
W A Tolbard Refrigeration
Dave's Mechanical Services, LLC
Reliable Plumbing Solutions, LLC
Comfort Temp Control
DUN-Rite Plumbing And Heating, LLC
Frederick Plumbing & Heating Inc
Tri-State Home Services LLC
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 95% lower than R W Warner Inc's reported 230 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $3.33M.
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