PPP Loan Data — Royell Manufacturing Inc., Everett, WA
Royell Manufacturing Inc.
Entity: Subchapter S Corporation
Location: Everett, WATweet This • Search All PPP Data
Royell Manufacturing Inc. is a subchapter s corporation located at 3817 Smith Ave in Everett, Washington that received a Coronavirus-related PPP loan from the SBA of $2,966,842.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 190 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PACIFIC PREMIER BANK
Royell Manufacturing Inc. received a Paycheck Protection Loan of $2.97M through PACIFIC PREMIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Royell Manufacturing Inc.'s total 2019 payroll expenses were approximately $14.24M in order to qualify for the PPP loan amount received.
Based on their reported 190 jobs retained, this equals an estimated average yearly compensation of $74,952 per employee1.
Business Information - Royell Manufacturing Inc. in Everett, WA
3817 Smith Ave
Everett, WA 98201
Other Aircraft Parts and Auxiliary Equipment Manufacturing (NAICS code 336413)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WA-02
Industry PPP Comparison Statistics
Nationwide, 841 businesses in the "Other Aircraft Parts and Auxiliary Equipment Manufacturing" industry received a total of $453,528,343.00 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 33 employees, 83% lower than Royell Manufacturing Inc.'s reported 190 employees, and received an average PPP loan of $539,273, 82% lower than this company's loan of $2.97M.
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