PPP Loan Data — Rlmk Inc., Visalia, CA
Rlmk Inc. is a corporation located at 7043 W Pershing Ct in Visalia, California that received a Coronavirus-related PPP loan from the SBA of $5,340,100.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Rlmk Inc. received a Paycheck Protection Loan of $5.34M through SUNCREST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rlmk Inc.'s total 2019 payroll expenses were approximately $25.63M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $51,265 per employee1.
Business Information - Rlmk Inc. in Visalia, CA
7043 W Pershing Ct
Visalia, CA 93291
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-22
Similar Companies near Visalia
In the Visalia area, 16 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 500) and received an average PPP loan of $566,901 (compared to this company's $5.34M).
Similar Nearby Businesses Who Received PPP Funding:
Good To Be The King LLC
Kirpa Investments, Inc.
HG Foods, LLC
Quesadilla Gorilla, Inc.
RU Hungry, LLC
KMH Enterprises, LLC
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 95% lower than Rlmk Inc.'s reported 500 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $5.34M.
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Footnotes & Information
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