PPP Loan Data — RD Graphics LLC, Marshfield, MA
RD Graphics LLC is a corporation located at 61 Presidential Circle in Marshfield, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Citizens Bank, National Association
RD Graphics LLC in Marshfield, MA received a Paycheck Protection Loan of $25,400 through Citizens Bank, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, RD Graphics LLC's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,640 per employee1
Reported PPP Proceed Usage:
On the PPP application, RD Graphics LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - RD Graphics LLC in Marshfield, MA
61 Presidential Circle
Marshfield, MA 2767
NAICS code 339950
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Marshfield
In the Marshfield area, 3 businesses in the "Sign Manufacturing" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $54,291 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
Pro Sign Services
Industry PPP Comparison Statistics
Nationwide, 9,571 businesses in the "Sign Manufacturing" industry received a total of $1.05B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 267% higher than RD Graphics LLC's reported 3 employees, and received an average PPP loan of $109,484, 331% higher than this company's loan of $25,400.
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Footnotes & Information
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