PPP Loan Data — RBM Services, Inc., Provo, UT
RBM Services, Inc. is a corporation located at 1515 Riverside Ave in Provo, Utah that received a Coronavirus-related PPP loan from the SBA of $5,428,280.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CACHE VALLEY BANK
RBM Services, Inc. received a Paycheck Protection Loan of $5.43M through CACHE VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, RBM Services, Inc.'s total 2019 payroll expenses were approximately $26.06M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $52,111 per employee1.
Business Information - RBM Services, Inc. in Provo, UT
1515 Riverside Ave
Provo, UT 84604
Other Direct Selling Establishments (NAICS code 454390)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: UT-03
Similar Companies near Provo
In the Provo area, 9 businesses in the "Other Direct Selling Establishments" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 500) and received an average PPP loan of $617,877 (compared to this company's $5.43M).
Similar Nearby Businesses Who Received PPP Funding:
Wilkinson & Representativeness
Girls On Fire, LLC
Industry PPP Comparison Statistics
Nationwide, 11,977 businesses in the "Other Direct Selling Establishments" industry received a total of $632,841,121.00 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 5 employees, 99% lower than RBM Services, Inc.'s reported 500 employees, and received an average PPP loan of $52,838, 99% lower than this company's loan of $5.43M.
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Footnotes & Information
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