PPP Loan Data — RCR Enterprises LLC, Welcome, NC
RCR Enterprises LLC is a limited liability company (LLC) located at 425 Industrial Dr in Welcome, North Carolina that received a Coronavirus-related PPP loan from the SBA of $6,327,200.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
RCR Enterprises LLC in Welcome, NC received a Paycheck Protection Loan of $6.33M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, RCR Enterprises LLC's total 2019 payroll expenses were approximately $30.37M in order to qualify for the PPP loan amount received.
Based on their reported 334 jobs retained, this equals an estimated average yearly compensation of $90,930 per employee1.
Business Information - RCR Enterprises LLC in Welcome, NC
425 Industrial Dr
Welcome, NC 27374
Other Spectator Sports (NAICS code 711219)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-13
Industry PPP Comparison Statistics
Nationwide, 2,945 businesses in the "Other Spectator Sports" industry received a total of $139,187,272.00 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 6 employees, 98% lower than RCR Enterprises LLC's reported 334 employees, and received an average PPP loan of $47,262, 99% lower than this company's loan of $6.33M.
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Footnotes & Information
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