PPP Loan Data — Radco Residential LLC, Atlanta, GA
Radco Residential LLC
Entity: Limited Liability Company (LLC)
Location: Atlanta, GATweet This • Search All PPP Data
Radco Residential LLC is a limited liability company (LLC) located at 400 Galleria Parkway in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,846,360.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
Radco Residential LLC in Atlanta, GA received a Paycheck Protection Loan of $4.85M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Radco Residential LLC's total 2019 payroll expenses were approximately $23.26M in order to qualify for the PPP loan amount received.
Unlike most businesses, Radco Residential LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Radco Residential LLC in Atlanta, GA
400 Galleria Parkway
Atlanta, GA 30339
New Multifamily Housing Construction (except For-Sale Builders) (NAICS code 236116)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Atlanta
In the Atlanta area, 5 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $1,026,907 (compared to this company's $4.85M).
Similar Nearby Businesses Who Received PPP Funding:
LCW Residential Inc
Paradigm Blue LLC
Longo Homes Inc.
Industry PPP Comparison Statistics
Nationwide, 7,088 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a total of $764,634,216.00 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 8 employees, and received an average PPP loan of $107,877, 98% lower than this company's loan of $4.85M.
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Footnotes & Information
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