PPP Loan Data — Roof Revolution, Inc., Naples, FL
Roof Revolution, Inc. is a corporation located at 4755 Enterprise Ave in Naples, Florida that received a Coronavirus-related PPP loan from the SBA of $86,931.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least seven people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST FIDELITY BANK
Roof Revolution, Inc. in Naples, FL received a Paycheck Protection Loan of $86,931 through FIRST FIDELITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Roof Revolution, Inc.'s total 2019 payroll expenses were approximately $417,269 in order to qualify for the PPP loan amount received.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $59,610 per employee1.
Business Information - Roof Revolution, Inc. in Naples, FL
4755 Enterprise Ave
Naples, FL 34104
Roofing Contractors (NAICS code 238160)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: FL-19
Similar Companies near Naples
In the Naples area, 12 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 7) and received an average PPP loan of $185,191 (compared to this company's $86,931).
Similar Nearby Businesses Who Received PPP Funding:
Modern Method Build LLC
First Response Roofing Inc
Castilla Roofing, Inc
Atlantis Roofing Of Naples Inc
Bill Jones Repairs & Reroofs Inc
National Roofing Of Collier Inc
Industry PPP Comparison Statistics
Nationwide, 13,327 businesses in the "Roofing Contractors" industry received a total of $1,896,438,811.00 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 12 employees, 71% higher than Roof Revolution, Inc.'s reported 7 employees, and received an average PPP loan of $142,301, 64% higher than this company's loan of $86,931.
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, 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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