PPP Loan Data — RM Distributors, LLC, Portland, OR
RM Distributors, LLC is a limited liability company (LLC) located at 7000 N Cutter Circle in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $5,130,980.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
RM Distributors, LLC in Portland, OR received a Paycheck Protection Loan of $5.13M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, RM Distributors, LLC's total 2019 payroll expenses were approximately $24.63M in order to qualify for the PPP loan amount received.
Based on their reported 430 jobs retained, this equals an estimated average yearly compensation of $57,276 per employee1.
Business Information - RM Distributors, LLC in Portland, OR
7000 N Cutter Circle
Portland, OR 97217
Beer and Ale Merchant Wholesalers (NAICS code 424810)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-03
Similar Companies near Portland
In the Portland area, 2 businesses in the "Beer and Ale Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 220 employees (compared to this company's 430) and received an average PPP loan of $2,630,981 (compared to this company's $5.13M).
Similar Nearby Businesses Who Received PPP Funding:
Running Man Distributing LLC
Industry PPP Comparison Statistics
Nationwide, 1,103 businesses in the "Beer and Ale Merchant Wholesalers" industry received a total of $586,037,858.00 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 43 employees, 90% lower than RM Distributors, LLC's reported 430 employees, and received an average PPP loan of $531,313, 90% lower than this company's loan of $5.13M.
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Footnotes & Information
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