PPP Loan Data — R.K. Miles, Inc., Manchester Center, VT
R.K. Miles, Inc. is a subchapter s corporation located at P.o Box 1125 in Manchester Center, Vermont that received a Coronavirus-related PPP loan from the SBA of $2,814,560.00 in April, 2020.
$ PPP Loan Information
Lender:COMMUNITY BANK, NATIONAL ASSOCIATION
R.K. Miles, Inc. received a Paycheck Protection Loan of $2.81M through COMMUNITY BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, R.K. Miles, Inc.'s total 2019 payroll expenses were approximately $13.51M in order to qualify for the PPP loan amount received.
Based on their reported 201 jobs retained, this equals an estimated average yearly compensation of $67,213 per employee1.
Business Information - R.K. Miles, Inc. in Manchester Center, VT
P.o Box 1125
Manchester Center, VT 5255
Other Building Material Dealers (NAICS code 444190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VT-
Industry PPP Comparison Statistics
Nationwide, 7,624 businesses in the "Other Building Material Dealers" industry received a total of $1,126,038,672.00 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 12 employees, 94% lower than R.K. Miles, Inc.'s reported 201 employees, and received an average PPP loan of $147,697, 95% lower than this company's loan of $2.81M.
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Footnotes & Information
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