PPP Loan Data — RLO, Inc., Dayton, OH
RLO, Inc. is a corporation located at 466 Windsor Park Drive in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,250,257.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
RLO, Inc. received a Paycheck Protection Loan of $3.25M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, RLO, Inc.'s total 2019 payroll expenses were approximately $15.6M 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 $31,202 per employee1.
Business Information - RLO, Inc. in Dayton, OH
466 Windsor Park Drive
Dayton, OH 45459
Beauty Salons (NAICS code 812112)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: OH-10
Similar Companies near Dayton
In the Dayton area, 27 businesses in the "Beauty Salons" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 500) and received an average PPP loan of $152,574 (compared to this company's $3.25M).
Similar Nearby Businesses Who Received PPP Funding:
Square One Oak Creek, Inc.
252 West Salon & Spa, LLC
Eye DO Makeup & Hair, LLC
Salon Exclusive, LTD
Diane Lynn Dull
Industry PPP Comparison Statistics
Nationwide, 93,531 businesses in the "Beauty Salons" industry received a total of $2,199,660,018.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 99% lower than RLO, Inc.'s reported 500 employees, and received an average PPP loan of $23,518, 99% lower than this company's loan of $3.25M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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