PPP Loan Data — RDR Energy Resources, LLC, Clarksburg, WV
RDR Energy Resources, LLC
Entity: Limited Liability Company (LLC)
Location: Clarksburg, WVTweet This • Search All PPP Data
RDR Energy Resources, LLC is a limited liability company (LLC) located at 1272 E. Pike St. in Clarksburg, West Virginia that received a Coronavirus-related PPP loan from the SBA of $2,715,200.00 in April, 2020.
$ PPP Loan Information
Lender:ATLANTIC UNION BANK
RDR Energy Resources, LLC received a Paycheck Protection Loan of $2.72M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, RDR Energy Resources, LLC's total 2019 payroll expenses were approximately $13.03M in order to qualify for the PPP loan amount received.
Based on their reported 221 jobs retained, this equals an estimated average yearly compensation of $58,973 per employee1.
Business Information - RDR Energy Resources, LLC in Clarksburg, WV
1272 E. Pike St.
Clarksburg, WV 26301
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WV-01
Industry PPP Comparison Statistics
Nationwide, 4,328 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a total of $1,219,008,137.00 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 22 employees, 90% lower than RDR Energy Resources, LLC's reported 221 employees, and received an average PPP loan of $281,656, 90% lower than this company's loan of $2.72M.
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Footnotes & Information
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