FederalPay.org
PPP Loan Data — Rotolo Consultants Inc,
Slidell, LA
Rotolo Consultants Inc
Entity: Corporation
Industry: All Other Specialty Trade Contractors
Location: Slidell, LA
Tweet This
•
Search All PPP Data
Rotolo Consultants Inc is a corporation located at 38001 Brownsvillage Rd in Slidell, Louisiana that received a Coronavirus-related PPP loan from the SBA of $6,694,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
438Loan Approved:
2020-04-13Lender:
ENTERPRISE BANK & TRUSTRotolo Consultants Inc received a Paycheck Protection Loan of $6.69M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rotolo Consultants Inc's total 2019 payroll expenses were approximately $32.13M in order to qualify for the PPP loan amount received.
Based on their reported 438 jobs retained, this equals an estimated average yearly compensation of $73,360 per employee1.
Business Information - Rotolo Consultants Inc in Slidell, LA
38001 Brownsvillage Rd
Slidell, LA 70460
Business Industry
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: LA-01Similar Companies near Slidell
In the Slidell area, 10 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 438) and received an average PPP loan of $719,005 (compared to this company's $6.69M).
Similar Nearby Businesses Who Received PPP Funding:
Elite Technician Management Group, LLC
Slidell, LA
Inferno Associates Inc
Slidell, LA
Southern Home Improvement Center, Inc
Slidell, LA
Site Management, LLC
Slidell, LA
Koeppel & Koeppel, LTD
Slidell, LA
Louisiana Grinding Stone LLC
Slidell, LA
Holcomb Bros Inc
Slidell, LA
Authentic Iron LLC
Slidell, LA
Industry PPP Comparison Statistics
Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 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 9 employees, 98% lower than Rotolo Consultants Inc's reported 438 employees, and received an average PPP loan of $113,959, 98% lower than this company's loan of $6.69M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
Have FederalPay.org's open data tools been valuable? Consider donating!