PPP Loan Data — ASI Services, LLC, Cincinnati, OH
ASI Services, LLC is a limited liability company (LLC) located at 9435 Waterstone Blvd in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,786,094.00 in April, 2020.
$ PPP Loan Information
Lender:S & T BANK
ASI Services, LLC in Cincinnati, OH received a Paycheck Protection Loan of $2.79M through S & T BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, ASI Services, LLC's total 2019 payroll expenses were approximately $13.37M in order to qualify for the PPP loan amount received.
Based on their reported 282 jobs retained, this equals an estimated average yearly compensation of $47,423 per employee1.
Business Information - ASI Services, LLC in Cincinnati, OH
9435 Waterstone Blvd
Cincinnati, OH 45249
All Other Support Services (NAICS code 561990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-01
Similar Companies near Cincinnati
In the Cincinnati area, 5 businesses in the "All Other Support Services" industry received a PPP loan. These local businesses reported an average of 60 employees (compared to this company's 282) and received an average PPP loan of $600,390 (compared to this company's $2.79M).
Similar Nearby Businesses Who Received PPP Funding:
Dennis Ross LLC
Epic International, Inc.
Credit Guardians, LLC
Industry PPP Comparison Statistics
Nationwide, 26,446 businesses in the "All Other Support Services" industry received a total of $1,388,180,245.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than ASI Services, LLC's reported 282 employees, and received an average PPP loan of $52,491, 98% lower than this company's loan of $2.79M.
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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