PPP Loan Data — Redflex Traffic Systems, Inc., Glendale, AZ
Redflex Traffic Systems, Inc. is a corporation located at 5651 W Talavi Blvd, Suite 200 in Glendale, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,933,400.00 in April, 2020.
$ PPP Loan Information
Lender:WESTERN ALLIANCE BANK
Redflex Traffic Systems, Inc. in Glendale, AZ received a Paycheck Protection Loan of $2.93M through WESTERN ALLIANCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Redflex Traffic Systems, Inc.'s total 2019 payroll expenses were approximately $14.08M in order to qualify for the PPP loan amount received.
Based on their reported 168 jobs retained, this equals an estimated average yearly compensation of $83,811 per employee1.
Business Information - Redflex Traffic Systems, Inc. in Glendale, AZ
5651 W Talavi Blvd, Suite 200
Glendale, AZ 85306
Other Computer Related Services (NAICS code 541519)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-08
Industry PPP Comparison Statistics
Nationwide, 12,205 businesses in the "Other Computer Related Services" industry received a total of $2,142,018,033.00 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 10 employees, 94% lower than Redflex Traffic Systems, Inc.'s reported 168 employees, and received an average PPP loan of $175,503, 94% lower than this company's loan of $2.93M.
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Footnotes & Information
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