PPP Loan Data — Rallye Motors LLC, Roslyn, NY
Rallye Motors LLC is a limited liability company (LLC) located at 1600 Northern Blvd in Roslyn, New York that received a Coronavirus-related PPP loan from the SBA of $4,135,305.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Rallye Motors LLC in Roslyn, NY received a Paycheck Protection Loan of $4.14M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rallye Motors LLC's total 2019 payroll expenses were approximately $19.85M in order to qualify for the PPP loan amount received.
Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $90,225 per employee1.
Business Information - Rallye Motors LLC in Roslyn, NY
1600 Northern Blvd
Roslyn, NY 11576
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-03
Similar Companies near Roslyn
In the Roslyn area, 4 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 220) and received an average PPP loan of $1,536,637 (compared to this company's $4.14M).
Similar Nearby Businesses Who Received PPP Funding:
Long Island Sports Cars LLC
Rallye Roslyn LLC
East Hills Subaru Inc
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 79% lower than Rallye Motors LLC's reported 220 employees, and received an average PPP loan of $656,005, 84% lower than this company's loan of $4.14M.
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Footnotes & Information
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