PPP Loan Data — RAH Holdings LLC, Athens, GA
RAH Holdings LLC is a limited liability company (LLC) located at 330 Research Dr in Athens, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,934,840.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
RAH Holdings LLC in Athens, GA received a Paycheck Protection Loan of $2.93M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, RAH Holdings LLC's total 2019 payroll expenses were approximately $14.09M in order to qualify for the PPP loan amount received.
Based on their reported 485 jobs retained, this equals an estimated average yearly compensation of $29,046 per employee1.
Business Information - RAH Holdings LLC in Athens, GA
330 Research Dr
Athens, GA 30605
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-10
Similar Companies near Athens
In the Athens area, 7 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 95 employees (compared to this company's 485) and received an average PPP loan of $613,337 (compared to this company's $2.93M).
Similar Nearby Businesses Who Received PPP Funding:
ACT Home Care Inc
Oconee Area Home Care Services, Inc.
Hansford Pharmacy Services LLC
Simm Sales Group LLC
Athens GA Homecare LLC
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 34 employees, 93% lower than RAH Holdings LLC's reported 485 employees, and received an average PPP loan of $212,236, 93% lower than this company's loan of $2.93M.
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Footnotes & Information
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