PPP Loan Data — Robar Enterprises Inc, Hesperia, CA
Robar Enterprises Inc is a subchapter s corporation located at 17671 Bear Valley Road in Hesperia, California that received a Coronavirus-related PPP loan from the SBA of $2,664,600.00 in April, 2020.
$ PPP Loan Information
Lender:FLAGSTAR BANK, FSB
Robar Enterprises Inc received a Paycheck Protection Loan of $2.66M through FLAGSTAR BANK, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, Robar Enterprises Inc's total 2019 payroll expenses were approximately $12.79M in order to qualify for the PPP loan amount received.
Based on their reported 239 jobs retained, this equals an estimated average yearly compensation of $53,515 per employee1.
Business Information - Robar Enterprises Inc in Hesperia, CA
17671 Bear Valley Road
Hesperia, CA 92345
Cement Manufacturing (NAICS code 327310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-08
Industry PPP Comparison Statistics
Nationwide, 229 businesses in the "Cement Manufacturing" industry received a total of $55,914,863.00 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 22 employees, 91% lower than Robar Enterprises Inc's reported 239 employees, and received an average PPP loan of $244,170, 91% lower than this company's loan of $2.66M.
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Footnotes & Information
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