PPP Loan Data — Rago Enterprises LLC, Richmond, TX
Rago Enterprises LLC
Entity: Limited Liability Company (LLC)
Location: Richmond, TXTweet This • Search All PPP Data
Rago Enterprises LLC is a limited liability company (LLC) located at 5610 Fm 2218 Rd in Richmond, Texas that received a Coronavirus-related PPP loan from the SBA of $5,471,600.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Rago Enterprises LLC in Richmond, TX received a Paycheck Protection Loan of $5.47M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rago Enterprises LLC's total 2019 payroll expenses were approximately $26.26M in order to qualify for the PPP loan amount received.
Based on their reported 493 jobs retained, this equals an estimated average yearly compensation of $53,273 per employee1.
Business Information - Rago Enterprises LLC in Richmond, TX
5610 Fm 2218 Rd
Richmond, TX 77469
Poured Concrete Foundation and Structure Contractors (NAICS code 238110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-22
Industry PPP Comparison Statistics
Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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, 97% lower than Rago Enterprises LLC's reported 493 employees, and received an average PPP loan of $177,269, 97% lower than this company's loan of $5.47M.
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Footnotes & Information
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