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PPP Loan Data — RDC-S111 Inc,
Long Beach, CA
RDC-S111 Inc
Entity: Corporation
Industry: Architectural Services
Location: Long Beach, CA
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RDC-S111 Inc is a corporation located at 245 E 3rd St in Long Beach, California that received a Coronavirus-related PPP loan from the SBA of $2,544,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
151Loan Approved:
2020-04-07Lender:
PACIFIC MERCANTILE BANKRDC-S111 Inc received a Paycheck Protection Loan of $2.54M through PACIFIC MERCANTILE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, RDC-S111 Inc's total 2019 payroll expenses were approximately $12.21M in order to qualify for the PPP loan amount received.
Based on their reported 151 jobs retained, this equals an estimated average yearly compensation of $80,872 per employee1.
Business Information - RDC-S111 Inc in Long Beach, CA
245 E 3rd St
Long Beach, CA 90802
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-47Similar Companies near Long Beach
In the Long Beach area, 8 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 151) and received an average PPP loan of $435,244 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
Mora Chang Architects, PC
Long Beach, CA
Melody Bridge Mclane
Long Beach, CA
Sennikoff Architects, Inc.
Long Beach, CA
Jeannette Architects, Inc.
Long Beach, CA
Innovation And Design In Architecture, Inc
Long Beach, CA
Kamus Keller Inc.
Long Beach, CA
Environ Architecture, Inc.
Long Beach, CA
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 95% lower than RDC-S111 Inc's reported 151 employees, and received an average PPP loan of $149,750, 94% lower than this company's loan of $2.54M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
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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