PPP Loan Data — Radg Holdings LLC, Knoxville, TN
Radg Holdings LLC is a limited liability company (LLC) located at 312 S Gay Street in Knoxville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,523,700.00 in April, 2020.
$ PPP Loan Information
Lender:TOUCHMARK NATIONAL BANK
Radg Holdings LLC received a Paycheck Protection Loan of $2.52M through TOUCHMARK NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Radg Holdings LLC's total 2019 payroll expenses were approximately $12.11M in order to qualify for the PPP loan amount received.
Based on their reported 276 jobs retained, this equals an estimated average yearly compensation of $43,890 per employee1.
Business Information - Radg Holdings LLC in Knoxville, TN
312 S Gay Street
Knoxville, TN 37902
All Other Miscellaneous Textile Product Mills (NAICS code 314999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-02
Industry PPP Comparison Statistics
Nationwide, 1,679 businesses in the "All Other Miscellaneous Textile Product Mills" industry received a total of $266,289,361.00 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 14 employees, 95% lower than Radg Holdings LLC's reported 276 employees, and received an average PPP loan of $158,600, 94% lower than this company's loan of $2.52M.
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Footnotes & Information
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