PPP Loan Data — Rightline Equipment, Inc., Rainier, OR
Rightline Equipment, Inc.
Location: Rainier, ORTweet This • Search All PPP Data
Rightline Equipment, Inc. is a corporation located at 29120 Dike Road in Rainier, Oregon that received a Coronavirus-related PPP loan from the SBA of $3,267,500.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Rightline Equipment, Inc. in Rainier, OR received a Paycheck Protection Loan of $3.27M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rightline Equipment, Inc.'s total 2019 payroll expenses were approximately $15.68M in order to qualify for the PPP loan amount received.
Based on their reported 262 jobs retained, this equals an estimated average yearly compensation of $59,863 per employee1.
Business Information - Rightline Equipment, Inc. in Rainier, OR
29120 Dike Road
Rainier, OR 97048
Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (NAICS code 333924)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-01
Industry PPP Comparison Statistics
Nationwide, 510 businesses in the "Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing" industry received a total of $132,525,390.00 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 19 employees, 93% lower than Rightline Equipment, Inc.'s reported 262 employees, and received an average PPP loan of $259,854, 92% lower than this company's loan of $3.27M.
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