PPP Loan Data — Renaissance Acquisition Company LLC, Indianapolis, IN
Renaissance Acquisition Company LLC is a limited liability company (LLC) located at 8910 Purdue Road in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,513,600.00 in April, 2020.
$ PPP Loan Information
Lender:THE NATIONAL BANK OF INDIANAPOLIS
Renaissance Acquisition Company LLC in Indianapolis, IN received a Paycheck Protection Loan of $3.51M through THE NATIONAL BANK OF INDIANAPOLIS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Renaissance Acquisition Company LLC's total 2019 payroll expenses were approximately $16.87M in order to qualify for the PPP loan amount received.
Based on their reported 184 jobs retained, this equals an estimated average yearly compensation of $91,659 per employee1.
Business Information - Renaissance Acquisition Company LLC in Indianapolis, IN
8910 Purdue Road
Indianapolis, IN 46268
Trust, Fiduciary, and Custody Activities (NAICS code 523991)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-05
Industry PPP Comparison Statistics
Nationwide, 951 businesses in the "Trust, Fiduciary, and Custody Activities" industry received a total of $113,336,443.00 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, 96% lower than Renaissance Acquisition Company LLC's reported 184 employees, and received an average PPP loan of $119,176, 97% lower than this company's loan of $3.51M.
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Footnotes & Information
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