PPP Loan Data — Rio Grande Pacific Corporation, Benbrook, TX
Rio Grande Pacific Corporation is a corporation located at 6100 Southwest Blvd Suite 320 in Benbrook, Texas that received a Coronavirus-related PPP loan from the SBA of $3,855,300.00 in April, 2020.
$ PPP Loan Information
Rio Grande Pacific Corporation in Benbrook, TX received a Paycheck Protection Loan of $3.86M through FROST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rio Grande Pacific Corporation's total 2019 payroll expenses were approximately $18.51M in order to qualify for the PPP loan amount received.
Based on their reported 239 jobs retained, this equals an estimated average yearly compensation of $77,429 per employee1.
Business Information - Rio Grande Pacific Corporation in Benbrook, TX
6100 Southwest Blvd Suite 320
Benbrook, TX 76109
Short Line Railroads (NAICS code 482112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-12
Similar Companies near Benbrook
In the Benbrook area, 2 businesses in the "Short Line Railroads" industry received a PPP loan. These local businesses reported an average of 122 employees (compared to this company's 239) and received an average PPP loan of $1,954,700 (compared to this company's $3.86M).
Similar Nearby Businesses Who Received PPP Funding:
Gandy Dancer, Inc.
Industry PPP Comparison Statistics
Nationwide, 146 businesses in the "Short Line Railroads" industry received a total of $44,761,785.00 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 20 employees, 92% lower than Rio Grande Pacific Corporation's reported 239 employees, and received an average PPP loan of $306,588, 92% lower than this company's loan of $3.86M.
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Footnotes & Information
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