Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased 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).
What is Rhino Tool Cos revenue Rhino Tool Cos revenue is 0 - 1M. Rhino Tool Co is headquartered in Kewanee, Illinois, United States.
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Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above. Get Rhino Tool Co companys verified web address, revenue, total contact 0, industry Manufacturing and location at Adapt.io.Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. It is classified as operating in the Machinery, Equipment & Supplies Merchant Wholesalers industry. o Mastery of confidence scums, insurance and credit frauds, o Federal and state tax evasion, o Local business licenses not obtained, or are fraudulent. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. Rhino Tools annual revenues are 10-50 million (see exact revenue data) and has 10-100 employees. SES - Senior Executive Service Pay Calculatorįor Rhino Tool Company, Inc, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.
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