PPP Loan Data — Royal City Bell LLC, Sonoma, CA
Royal City Bell LLC is a limited liability company (LLC) located at 465 1st St W in Sonoma, California that received a Coronavirus-related PPP loan from the SBA of $5,226,442.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Royal City Bell LLC received a Paycheck Protection Loan of $5.23M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Royal City Bell LLC's total 2019 payroll expenses were approximately $25.09M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $50,174 per employee1.
Business Information - Royal City Bell LLC in Sonoma, CA
465 1st St W
Sonoma, CA 95476
Caterers (NAICS code 722320)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-05
Similar Companies near Sonoma
In the Sonoma area, 4 businesses in the "Caterers" industry received a PPP loan. These local businesses reported an average of 127 employees (compared to this company's 500) and received an average PPP loan of $1,354,168 (compared to this company's $5.23M).
Similar Nearby Businesses Who Received PPP Funding:
OSO Restaurant Group
Industry PPP Comparison Statistics
Nationwide, 10,381 businesses in the "Caterers" industry received a total of $747,617,656.00 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 11 employees, 98% lower than Royal City Bell LLC's reported 500 employees, and received an average PPP loan of $72,018, 99% lower than this company's loan of $5.23M.
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Footnotes & Information
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