PPP Loan Data — RM Mechanical Inc, Boise, ID
RM Mechanical Inc
Location: Boise, IDTweet This • Search All PPP Data
RM Mechanical Inc is a corporation located at 5998 W Gowen Rd in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $6,971,518.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WASHINGTON TRUST BANK
RM Mechanical Inc in Boise, ID received a Paycheck Protection Loan of $6.97M through WASHINGTON TRUST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, RM Mechanical Inc's total 2019 payroll expenses were approximately $33.46M in order to qualify for the PPP loan amount received.
Unlike most businesses, RM Mechanical Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - RM Mechanical Inc in Boise, ID
5998 W Gowen Rd
Boise, ID 83709
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ID-01
Similar Companies near Boise
In the Boise area, 16 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 0) and received an average PPP loan of $604,620 (compared to this company's $6.97M).
Similar Nearby Businesses Who Received PPP Funding:
Gale Plumbing, Inc.
Boise River Plumbing, LLC
All Pro Mechanical
K Brothers 1 Plumbing LLC
Taylor Brothers Incorporated
Drake Mechanical Inc
Paige Mechanical Group, Inc
Tailwind Enterprises, LLC
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, and received an average PPP loan of $154,981, 98% lower than this company's loan of $6.97M.
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