PPP Loan Data — Royal Moore Buick Gmc Inc, Hillsboro, OR
Royal Moore Buick Gmc Inc is a subchapter s corporation located at 1380 Se River Rd in Hillsboro, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,436,513.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Royal Moore Buick Gmc Inc in Hillsboro, OR received a Paycheck Protection Loan of $2.44M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Royal Moore Buick Gmc Inc's total 2019 payroll expenses were approximately $11.7M in order to qualify for the PPP loan amount received.
Based on their reported 229 jobs retained, this equals an estimated average yearly compensation of $51,071 per employee1.
Business Information - Royal Moore Buick Gmc Inc in Hillsboro, OR
1380 Se River Rd
Hillsboro, OR 97123
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-01
Similar Companies near Hillsboro
In the Hillsboro area, 9 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 229) and received an average PPP loan of $628,961 (compared to this company's $2.44M).
Similar Nearby Businesses Who Received PPP Funding:
I Automotive Inc
Dick's Auto Sales And Leasing
Bruce Chevrolet, Inc.
Discovery Plus Motors, LLC
Paicifc Motors LLC
Leading Edge Paint Protection LLC
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 79% lower than Royal Moore Buick Gmc Inc's reported 229 employees, and received an average PPP loan of $656,005, 73% lower than this company's loan of $2.44M.
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