PPP Loan Data — Redcom Laboratories, Inc., Victor, NY
Redcom Laboratories, Inc. is a corporation located at One Redcome Center in Victor, New York that received a Coronavirus-related PPP loan from the SBA of $2,775,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FIVE STAR BANK
Redcom Laboratories, Inc. in Victor, NY received a Paycheck Protection Loan of $2.78M through FIVE STAR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Redcom Laboratories, Inc.'s total 2019 payroll expenses were approximately $13.32M in order to qualify for the PPP loan amount received.
Unlike most businesses, Redcom Laboratories, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Redcom Laboratories, Inc. in Victor, NY
One Redcome Center
Victor, NY 14564
All Other Telecommunications (NAICS code 517919)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-27
Similar Companies near Victor
In the Victor area, 3 businesses in the "All Other Telecommunications" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 0) and received an average PPP loan of $1,142,770 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
Soleo Communications, Inc
Industry PPP Comparison Statistics
Nationwide, 6,603 businesses in the "All Other Telecommunications" industry received a total of $691,992,618.00 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, and received an average PPP loan of $104,800, 96% lower than this company's loan of $2.78M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!