PPP Loan Data — Reynolds Construction, LLC, Orleans, IN
Reynolds Construction, LLC
Entity: Limited Liability Company (LLC)
Location: Orleans, INTweet This • Search All PPP Data
Reynolds Construction, LLC is a limited liability company (LLC) located at 6225 N County Road 75 E in Orleans, Indiana that received a Coronavirus-related PPP loan from the SBA of $6,629,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 360 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CIBC BANK USA
Reynolds Construction, LLC received a Paycheck Protection Loan of $6.63M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Reynolds Construction, LLC's total 2019 payroll expenses were approximately $31.82M in order to qualify for the PPP loan amount received.
Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $88,392 per employee1.
Business Information - Reynolds Construction, LLC in Orleans, IN
6225 N County Road 75 E
Orleans, IN 47452
Water and Sewer Line and Related Structures Construction (NAICS code 237110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: IN-09
Similar Companies near Orleans
In the Orleans area, 2 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 202 employees (compared to this company's 360) and received an average PPP loan of $3,721,050 (compared to this company's $6.63M).
Similar Nearby Businesses Who Received PPP Funding:
Infrastructure Systems, Inc
Industry PPP Comparison Statistics
Nationwide, 5,092 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1,334,037,195.00 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 17 employees, 95% lower than Reynolds Construction, LLC's reported 360 employees, and received an average PPP loan of $261,987, 96% lower than this company's loan of $6.63M.
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