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PPP Loan Data — Raynor MFG Co, Dixon, IL

SBA PPP loan data, payroll data, and salaries for Raynor MFG Co

Raynor MFG Co

Entity: Corporation

Industry: Metal Window and Door Manufacturing

Location: Dixon, IL

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Raynor MFG Co is a corporation located at 1101 E River Rd in Dixon, Illinois that received a Coronavirus-related PPP loan from the SBA of $6,511,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Raynor MFG Co in Dixon, IL received a Paycheck Protection Loan of $6.51M through CIBC BANK USA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Raynor MFG Co's total 2019 payroll expenses were approximately $31.25M in order to qualify for the PPP loan amount received.

Based on their reported 476 jobs retained, this equals an estimated average yearly compensation of $65,660 per employee1.

Because the loan received by Raynor MFG Co is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Raynor MFG Co in Dixon, IL

Raynor MFG Co
1101 E River Rd
Dixon, IL 61021

Business Industry

Metal Window and Door Manufacturing (NAICS code 332321)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IL-16

Similar Companies near Dixon

In the Dixon area, 2 businesses in the "Metal Window and Door Manufacturing" industry received a PPP loan. These local businesses reported an average of 280 employees (compared to this company's 476) and received an average PPP loan of $3,841,200 (compared to this company's $6.51M).

Similar Nearby Businesses Who Received PPP Funding:

Raynor Door Authorities LP
Dixon, IL

$1.17M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 965 businesses in the "Metal Window and Door Manufacturing" industry received a total of $295,266,784.00 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 24 employees, 95% lower than Raynor MFG Co's reported 476 employees, and received an average PPP loan of $305,976, 95% lower than this company's loan of $6.51M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **