PPP Loan Data — Roadrunner Drywall Corp, Scottsdale, AZ
Roadrunner Drywall Corp is a corporation located at 7777 E Paradise Lane #102 in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $1,716,800.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Zions Bank, A Division of
Roadrunner Drywall Corp in Scottsdale, AZ received a Paycheck Protection Loan of $1.72M through Zions Bank, A Division of, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Roadrunner Drywall Corp's 2019 payroll expenses are estimated to be at least $8.24M.
Based on their reported 148 jobs retained, this equals an estimated average yearly compensation of $55,680 per employee1
Reported PPP Proceed Usage:
On the PPP application, Roadrunner Drywall Corp reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,716,800
Business Information - Roadrunner Drywall Corp in Scottsdale, AZ
7777 E Paradise Lane #102
Scottsdale, AZ 85260
Drywall and Insulation Contractors
NAICS code 238310
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 18,888 businesses in the "Drywall and Insulation Contractors" industry received a total of $2.43B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 93% lower than Roadrunner Drywall Corp's reported 148 employees, and received an average PPP loan of $128,649, 93% lower than this company's loan of $1.72M.
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Footnotes & Information
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