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PPP Loan Data — The Rdi Corporation, Blue Ash, OH

SBA PPP loan data, payroll data, and salaries for The Rdi Corporation
OH

The Rdi Corporation

Entity: Corporation

Industry: Telemarketing Bureaus and Other Contact Centers

Location: Blue Ash, OH

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The Rdi Corporation is a corporation located at 4350 Glendale Milford Rd in Blue Ash, Ohio that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in June, 2020.

The company has reported itself as a male owned business.

$ PPP Loan Information

Loan Size:

$10M

Jobs Retained:

0 Unreported

Loan Approved:

2020-06-15

Lender:

STOCK YARDS BANK & TRUST COMPANY

The Rdi Corporation received a Paycheck Protection Loan of $10M through STOCK YARDS BANK & TRUST COMPANY, which was approved in June, 2020.

Based on standard PPP eligibility rules, The Rdi Corporation's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.

Unlike most businesses, The Rdi Corporation'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 The Rdi Corporation 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 - The Rdi Corporation in Blue Ash, OH

The Rdi Corporation
4350 Glendale Milford Rd
Blue Ash, OH 45242

Business Industry

Telemarketing Bureaus and Other Contact Centers (NAICS code 561422)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: OH-02

Industry PPP Comparison Statistics

Nationwide, 721 businesses in the "Telemarketing Bureaus and Other Contact Centers" industry received a total of $234,982,728.00 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 37 employees, and received an average PPP loan of $325,912, 97% lower than this company's loan of $10M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/the-rdi-corporation-blue-ash-oh