PPP Loan Data — Reynold Transportation, Inc, San Antonio, TX
Reynold Transportation, Inc
Location: San Antonio, TXTweet This • Search All PPP Data
Reynold Transportation, Inc is a corporation located at 8755 Us Highway 87 in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $5,004,600.00 in April, 2020.
$ PPP Loan Information
Reynold Transportation, Inc received a Paycheck Protection Loan of $5M through FROST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Reynold Transportation, Inc's total 2019 payroll expenses were approximately $24.02M in order to qualify for the PPP loan amount received.
Based on their reported 452 jobs retained, this equals an estimated average yearly compensation of $53,146 per employee1.
Business Information - Reynold Transportation, Inc in San Antonio, TX
8755 Us Highway 87
San Antonio, TX 78263
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-28
Similar Companies near San Antonio
In the San Antonio area, 2 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 227 employees (compared to this company's 452) and received an average PPP loan of $2,504,685 (compared to this company's $5M).
Similar Nearby Businesses Who Received PPP Funding:
San Antonio, TX
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 99% lower than Reynold Transportation, Inc's reported 452 employees, and received an average PPP loan of $80,292, 98% lower than this company's loan of $5M.
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Footnotes & Information
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