PPP Loan Data — RWC International LTD, Phoenix, AZ
RWC International LTD
Location: Phoenix, AZTweet This • Search All PPP Data
RWC International LTD is a corporation located at 600 N 75th Ave in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $4,990,900.00 in April, 2020.
$ PPP Loan Information
Lender:BOKF, NATIONAL ASSOCIATION
RWC International LTD in Phoenix, AZ received a Paycheck Protection Loan of $4.99M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, RWC International LTD's total 2019 payroll expenses were approximately $23.96M in order to qualify for the PPP loan amount received.
Based on their reported 413 jobs retained, this equals an estimated average yearly compensation of $58,006 per employee1.
Business Information - RWC International LTD in Phoenix, AZ
600 N 75th Ave
Phoenix, AZ 85043
Motorcycle, ATV, and All Other Motor Vehicle Dealers (NAICS code 441228)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-07
Similar Companies near Phoenix
In the Phoenix area, 2 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a PPP loan. These local businesses reported an average of 208 employees (compared to this company's 413) and received an average PPP loan of $2,502,511 (compared to this company's $4.99M).
Similar Nearby Businesses Who Received PPP Funding:
MTS Off-Road, LLC
Industry PPP Comparison Statistics
Nationwide, 5,280 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a total of $853,860,010.00 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 14 employees, 97% lower than RWC International LTD's reported 413 employees, and received an average PPP loan of $161,716, 97% lower than this company's loan of $4.99M.
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, and is published unmodified, as provided by the SBA.
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.
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