PPP Loan Data — Redrock Security & Cabling, Inc., Irvine, CA
Redrock Security & Cabling, Inc.
Entity: Subchapter S Corporation
Location: Irvine, CATweet This • Search All PPP Data
Redrock Security & Cabling, Inc. is a subchapter s corporation located at 15215 Alton Pkwy #200 in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $3,169,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 195 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PACIFIC MERCANTILE BANK
Redrock Security & Cabling, Inc. in Irvine, CA received a Paycheck Protection Loan of $3.17M through PACIFIC MERCANTILE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Redrock Security & Cabling, Inc.'s total 2019 payroll expenses were approximately $15.22M in order to qualify for the PPP loan amount received.
Based on their reported 195 jobs retained, this equals an estimated average yearly compensation of $78,026 per employee1.
Business Information - Redrock Security & Cabling, Inc. in Irvine, CA
15215 Alton Pkwy #200
Irvine, CA 92618
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 9 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 195) and received an average PPP loan of $751,272 (compared to this company's $3.17M).
Similar Nearby Businesses Who Received PPP Funding:
Kite Electric, Inc
Smart Systems Technologies, Inc.
Temp Power Systems
Innova Global Technology, Inc.
Johnny Electric LLC
Industry PPP Comparison Statistics
Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 94% lower than Redrock Security & Cabling, Inc.'s reported 195 employees, and received an average PPP loan of $181,171, 94% lower than this company's loan of $3.17M.
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