PPP Loan Data — R.A.H. Industries, Inc., Valencia, CA
R.A.H. Industries, Inc. is a corporation located at 24800 Avenue Rockefeller in Valencia, California that received a Coronavirus-related PPP loan from the SBA of $2,472,242.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least 171 people during the applicable loan loan period.
$ PPP Loan Information
Lender:MUFG UNION BANK, NATIONAL ASSOCIATION
R.A.H. Industries, Inc. in Valencia, CA received a Paycheck Protection Loan of $2.47M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, R.A.H. Industries, Inc.'s total 2019 payroll expenses were approximately $11.87M in order to qualify for the PPP loan amount received.
Based on their reported 171 jobs retained, this equals an estimated average yearly compensation of $69,396 per employee1.
Business Information - R.A.H. Industries, Inc. in Valencia, CA
24800 Avenue Rockefeller
Valencia, CA 91355
Sheet Metal Work Manufacturing (NAICS code 332322)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-25
Similar Companies near Valencia
In the Valencia area, 2 businesses in the "Sheet Metal Work Manufacturing" industry received a PPP loan. These local businesses reported an average of 96 employees (compared to this company's 171) and received an average PPP loan of $1,351,521 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
Pacific Western Aerostructures, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,639 businesses in the "Sheet Metal Work Manufacturing" industry received a total of $793,668,527.00 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 21 employees, 88% lower than R.A.H. Industries, Inc.'s reported 171 employees, and received an average PPP loan of $300,746, 88% lower than this company's loan of $2.47M.
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Footnotes & Information
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