RSG Acquisitions, LLC in Denver, CO - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — RSG Acquisitions, LLC, Denver, CO

RSG Acquisitions, LLC

Entity: Limited Liability Company (LLC)

Industry: Shoe Stores

Location: Denver, CO

RSG Acquisitions, LLC is a limited liability company (LLC) located at 231 Milwaukee Street Suite 200 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $4,444,600.00 in June, 2020.

$ PPP Loan Information

Loan Size:

$4.44M

Jobs Retained:

0 Unreported

Loan Approved:

2020-06-16

Lender:

COMERICA BANK

RSG Acquisitions, LLC received a Paycheck Protection Loan of $4.44M through COMERICA BANK, which was approved in June, 2020.

Based on standard PPP eligibility rules, RSG Acquisitions, LLC's total 2019 payroll expenses were approximately $21.33M in order to qualify for the PPP loan amount received.

Unlike most businesses, RSG Acquisitions, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by RSG Acquisitions, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - RSG Acquisitions, LLC in Denver, CO

RSG Acquisitions, LLC
231 Milwaukee Street Suite 200
Denver, CO 80206

Business Industry

Shoe Stores (NAICS code 448210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CO-01

Similar Companies near Denver

In the Denver area, 2 businesses in the "Shoe Stores" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $2,226,570 (compared to this company's $4.44M).

Similar Nearby Businesses Who Received PPP Funding:

Edge On Street Inc
Denver, CO

$8,540 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,772 businesses in the "Shoe Stores" industry received a total of $209,734,682.00 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 9 employees, and received an average PPP loan of $75,662, 98% lower than this company's loan of $4.44M.

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.

Search FederalPay's Full PPP Loan Database

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!