PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Regulator Marine, Inc., Edenton, NC

SBA PPP loan data, payroll data, and salaries for Regulator Marine, Inc.

Regulator Marine, Inc.

Entity: Subchapter S Corporation

Industry: Boat Building

Location: Edenton, NC

Search All PPP Data

Regulator Marine, Inc. is a subchapter s corporation located at 187 Peanut Dr in Edenton, North Carolina that received a Coronavirus-related PPP loan from the SBA of $2,472,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Regulator Marine, Inc. received a Paycheck Protection Loan of $2.47M through SOUTHERN BANK AND TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Regulator Marine, Inc.'s total 2019 payroll expenses were approximately $11.87M in order to qualify for the PPP loan amount received.

Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $53,943 per employee1.

Because the loan received by Regulator Marine, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Regulator Marine, Inc. in Edenton, NC

Regulator Marine, Inc.
187 Peanut Dr
Edenton, NC 27932

Business Industry

Boat Building (NAICS code 336612)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NC-03

Similar Companies near Edenton

In the Edenton area, 4 businesses in the "Boat Building" industry received a PPP loan. These local businesses reported an average of 77 employees (compared to this company's 220) and received an average PPP loan of $823,225 (compared to this company's $2.47M).

Industry PPP Comparison Statistics

Nationwide, 865 businesses in the "Boat Building" industry received a total of $229,475,071.00 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 23 employees, 90% lower than Regulator Marine, Inc.'s reported 220 employees, and received an average PPP loan of $265,289, 89% lower than this company's loan of $2.47M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **