PPP Loan Data — Empower Mediamarketing, Inc., Cincinnati, OH
Empower Mediamarketing, Inc. is a corporation located at 15 East 14th St in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,682,000.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Empower Mediamarketing, Inc. in Cincinnati, OH received a Paycheck Protection Loan of $3.68M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Empower Mediamarketing, Inc.'s total 2019 payroll expenses were approximately $17.67M in order to qualify for the PPP loan amount received.
Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $86,635 per employee1.
Business Information - Empower Mediamarketing, Inc. in Cincinnati, OH
15 East 14th St
Cincinnati, OH 45202
Marketing Consulting Services (NAICS code 541613)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-01
Similar Companies near Cincinnati
In the Cincinnati area, 21 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 204) and received an average PPP loan of $277,210 (compared to this company's $3.68M).
Similar Nearby Businesses Who Received PPP Funding:
Ruttle Design Group, Inc.
W Bradford, LLC
Skylight Partners Inc
Bluestone Creative LLC
Batty Fang LLC
David Groomes DBA Bravado Campaigns
Nuvoodoo Media Services LLC
Industry PPP Comparison Statistics
Nationwide, 30,514 businesses in the "Marketing Consulting Services" industry received a total of $1,952,010,997.00 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 5 employees, 98% lower than Empower Mediamarketing, Inc.'s reported 204 employees, and received an average PPP loan of $63,971, 98% lower than this company's loan of $3.68M.
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Footnotes & Information
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