PPP Loan Data — Rotation Dynamics Corporation, Romeoville, IL
Rotation Dynamics Corporation is a corporation located at 1101 Windham Pkwy in Romeoville, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,396,927.00 in April, 2020.
$ PPP Loan Information
Lender:CITY NATIONAL BANK
Rotation Dynamics Corporation in Romeoville, IL received a Paycheck Protection Loan of $3.4M through CITY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rotation Dynamics Corporation's total 2019 payroll expenses were approximately $16.31M in order to qualify for the PPP loan amount received.
Based on their reported 193 jobs retained, this equals an estimated average yearly compensation of $84,483 per employee1.
Business Information - Rotation Dynamics Corporation in Romeoville, IL
1101 Windham Pkwy
Romeoville, IL 60446
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-11
Similar Companies near Romeoville
In the Romeoville area, 3 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 65 employees (compared to this company's 193) and received an average PPP loan of $1,148,409 (compared to this company's $3.4M).
Similar Nearby Businesses Who Received PPP Funding:
Metrology Solutions Inc
B P Miller Consultants, LTD
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 93% lower than Rotation Dynamics Corporation's reported 193 employees, and received an average PPP loan of $249,856, 93% lower than this company's loan of $3.4M.
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Footnotes & Information
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