PPP Loan Data — RSV Holdings, LLC, Phoenix, AZ
RSV Holdings, LLC
Entity: Limited Liability Company (LLC)
Location: Phoenix, AZTweet This • Search All PPP Data
RSV Holdings, LLC is a limited liability company (LLC) located at 3414 S. 48th Street, Suite 8 in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $1,648,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:BOKF, National Association
RSV Holdings, LLC in Phoenix, AZ received a Paycheck Protection Loan of $1.65M through BOKF, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, RSV Holdings, LLC's 2019 payroll expenses are estimated to be at least $7.91M.
Based on their reported 197 jobs retained, this equals an estimated average yearly compensation of $40,176 per employee1
Reported PPP Proceed Usage:
On the PPP application, RSV Holdings, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,648,900
Business Information - RSV Holdings, LLC in Phoenix, AZ
3414 S. 48th Street, Suite 8
Phoenix, AZ 85040
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Phoenix
In the Phoenix area, 67 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 197) and received an average PPP loan of $97,364 (compared to this company's $1.65M).
Similar Nearby Businesses Who Received PPP Funding:
Summit Consulting Group, Inc
Johnson Statewide Holdings
Liberty Home Products, LLC
L&W Technology Inc
Industry PPP Comparison Statistics
Nationwide, 152,436 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.23B 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 4 employees, 98% lower than RSV Holdings, LLC's reported 197 employees, and received an average PPP loan of $34,329, 98% lower than this company's loan of $1.65M.
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Footnotes & Information
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