PPP Loan Data — RC Moore, Inc, Scarborough, ME
RC Moore, Inc
Entity: Subchapter S Corporation
Location: Scarborough, METweet This • Search All PPP Data
RC Moore, Inc is a subchapter s corporation located at 8 Ginn Rd in Scarborough, Maine that received a Coronavirus-related PPP loan from the SBA of $3,433,200.00 in April, 2020.
$ PPP Loan Information
Lender:PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION
RC Moore, Inc received a Paycheck Protection Loan of $3.43M through PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, RC Moore, Inc's total 2019 payroll expenses were approximately $16.48M in order to qualify for the PPP loan amount received.
Based on their reported 261 jobs retained, this equals an estimated average yearly compensation of $63,139 per employee1.
Business Information - RC Moore, Inc in Scarborough, ME
8 Ginn Rd
Scarborough, ME 4074
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ME-01
Similar Companies near Scarborough
In the Scarborough area, 4 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 261) and received an average PPP loan of $1,187,165 (compared to this company's $3.43M).
Similar Nearby Businesses Who Received PPP Funding:
Portland Air Freight, Inc.
Sure Shot Corporation
K & H Holdings LLC
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than RC Moore, Inc's reported 261 employees, and received an average PPP loan of $80,292, 98% lower than this company's loan of $3.43M.
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