PPP Loan Data — Recleim, LLC, Atlanta, GA
Recleim, LLC is a limited liability company (LLC) located at 34 Old Ivy Rd., Suite 200 in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,798,500.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Recleim, LLC in Atlanta, GA received a Paycheck Protection Loan of $2.8M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Recleim, LLC's total 2019 payroll expenses were approximately $13.43M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $67,164 per employee1.
Business Information - Recleim, LLC in Atlanta, GA
34 Old Ivy Rd., Suite 200
Atlanta, GA 30342
Materials Recovery Facilities (NAICS code 562920)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Industry PPP Comparison Statistics
Nationwide, 1,122 businesses in the "Materials Recovery Facilities" industry received a total of $194,321,564.00 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 15 employees, 93% lower than Recleim, LLC's reported 200 employees, and received an average PPP loan of $173,192, 94% lower than this company's loan of $2.8M.
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Footnotes & Information
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