PPP Loan Data — Revere Copper Products, Inc., Rome, NY
Revere Copper Products, Inc. is a corporation located at 1 Revere Park in Rome, New York that received a Coronavirus-related PPP loan from the SBA of $4,681,807.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Revere Copper Products, Inc. in Rome, NY received a Paycheck Protection Loan of $4.68M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Revere Copper Products, Inc.'s total 2019 payroll expenses were approximately $22.47M in order to qualify for the PPP loan amount received.
Based on their reported 307 jobs retained, this equals an estimated average yearly compensation of $73,201 per employee1.
Business Information - Revere Copper Products, Inc. in Rome, NY
1 Revere Park
Rome, NY 13440
Copper Rolling, Drawing, Extruding, and Alloying (NAICS code 331420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-22
Similar Companies near Rome
In the Rome area, 2 businesses in the "Copper Rolling, Drawing, Extruding, and Alloying" industry received a PPP loan. These local businesses reported an average of 191 employees (compared to this company's 307) and received an average PPP loan of $3,014,459 (compared to this company's $4.68M).
Similar Nearby Businesses Who Received PPP Funding:
Kris Tech Wire Company, Inc.
Industry PPP Comparison Statistics
Nationwide, 92 businesses in the "Copper Rolling, Drawing, Extruding, and Alloying" industry received a total of $62,578,837.00 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 48 employees, 84% lower than Revere Copper Products, Inc.'s reported 307 employees, and received an average PPP loan of $680,205, 85% lower than this company's loan of $4.68M.
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Footnotes & Information
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